Categories AlphaGraphs, Earnings, Finance

Tata Investment Corporation Ltd Q3FY24; 51% 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 Q3FY24 of ₹51.00 Crores up from ₹38.00 Crore year on year, a rise of 34.21%.

Total Expenses for Q3FY24 of ₹7.00 Crores down from ₹9.00 Crores year on year, a fall of 22.22%.

Consolidated Net Profit of ₹53.00 Crores up 51.43% from ₹35.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.52, up 54.25% from ₹6.82 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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