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Tata Investment Corporation Ltd Q1FY24; 64% rise in Profits

Tata Investment Corporation Ltd is primarily engaged in the business of investment in listed and unlisted equity shares, debt instruments and mutual funds etc. of companies in a wide range of industries. The company is a NBFC registered with the RBI under the category of Investment Company.

Financial Results:

Tata Investment Corporation Ltd reported Revenues for Q1FY24 of ₹152.00 Crores up from ₹102.00 Crore year on year, a rise of 49.02%.

Total Expenses for Q1FY24 of ₹14.00 Crores up from ₹11.00 Crores year on year, a rise of 27.27%.

Consolidated Net Profit of ₹148.00 Crores up 64.44% from ₹90.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹29.02, up 63.22% from ₹17.78 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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