Categories Earnings, Retail

Tata Investment Corporation Q4FY23 results out, revenue drops by 40%

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.

  • Tata investment corporation reported Total revenue for Q4 FY23 of ₹31 Crore, down from ₹52 Crore year on year depicting a decline of 40%.
  • Total Expenses for Q4 FY23 of ₹14 Crore up, from ₹6 Crore year on year, a growth of 133%. 
  • Consolidated Net Profit of ₹19.91 Crore, down 2% from ₹20.23 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹4.01, down 1% from ₹3.98 in the same quarter of the previous year.

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