Network 18 Media & Investments (BOM:532798) Tax Rate % : -5.22% (As of Mar. 2024)

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What is Network 18 Media & Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Network 18 Media & Investments's Tax Expense for the three months ended in Mar. 2024 was ₹103 Mil. Network 18 Media & Investments's Pre-Tax Income for the three months ended in Mar. 2024 was ₹-1,969 Mil. Therefore, Network 18 Media & Investments's Tax Rate % for the quarter that ended in Mar. 2024 was -5.22%.

Network 18 Media & Investments Tax Rate % Historical Data

The historical data trend for Network 18 Media & Investments's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Network 18 Media & Investments Tax Rate % Chart

Network 18 Media & Investments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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60.80

-6.80

10.82

-2.06

Network 18 Media & Investments Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-55.30	-6.23	5.56	-5.87	-5.22

Network 18 Media & Investments Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Network 18 Media & Investments's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	80	/	-3890
	=	-2.06 %

Network 18 Media & Investments's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	102.7	/	-1968.6
	=	-5.22 %

Network 18 Media & Investments Tax Rate % Related Terms

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Network 18 Media & Investments (BOM:532798) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network 18 Media & Investments Ltd (BOM:532798) » Definitions » Tax Rate %

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NETWORK18:India

Address

414, Senapati Bapat Marg, First Floor, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.nw18.com

Network 18 Media & Investments Ltd is a mass media company. The company's only segment being Media Operations. The company operates news channels that broadcast throughout India that include CNBC-TV18, News18 India, and CNN-News18 as well as entertainment networks that include MTV India, Comedy Central, and Vh1.

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