X

Tourism Finance Corporation of India Ltd Q1FY24; 4% fall in Profits

Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc.

Financial Results:

Tourism Finance Corporation of India Ltd reported Revenues for Q1FY24 of ₹59.00 Crores down from ₹63.00 Crore year on year, a fall of 6.35%.

Total Expenses for Q1FY24 of ₹30.00 Crores down from ₹31.00 Crores year on year, a fall of 3.23%.

Consolidated Net Profit of ₹24.00 Crores down 4.0% from ₹25.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.70, down 2.17% from ₹2.76 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.

Related Post