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Tata Investment Corporation Ltd Q2FY24; 16% 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 Q2FY24 of ₹124.00 Crores up from ₹107.00 Crore year on year, a rise of 15.89%.

Total Expenses for Q2FY24 of ₹15.00 Crores up from ₹7.00 Crores year on year, a rise of 114.29%.

Consolidated Net Profit of ₹124.00 Crores up 15.89% from ₹107.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹24.60, up 16.20% from ₹21.17 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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