Tata Investment Corporation Ltd on Tuesday reported a 12.55 per cent decline in consolidated profit after tax at INR 34.74 crore for the third quarter ended December 31, 2022.
The company had posted a consolidated profit after tax (PAT) of INR 39.73 crore in the same quarter last fiscal, Tata Investment Corporation Ltd said in a regulatory filing. Consolidated total income during the quarter under review stood at INR 37.69 crore as against INR 50.97 crore in the year-ago period.
The firm, which is a systemically important non-banking financial company and has no activities other than those of an investment entity, said its total expenses during the third quarter stood at INR 9.45 crore as compared to INR 6.01 crore in the same period of the last fiscal.