By BasisPoint Insight
April 22, 2025 at 1:08 PM IST
Tata Investment Corp. Ltd.'s net profit for the March quarter fell marginally to ₹352 million, compared to the same period last year. Revenue from operations for the quarter declined 7.2% to ₹515.40 million. Sequentially, net profit rose 2.5%, while revenue grew by 18.0%.
The company’s other income dropped to ₹1.70 million, from ₹3.50 million a year ago.
For January-March, the company's total expenditure, including finance costs, amounted to ₹91.20 million, up from ₹76.70 million last year. The finance cost doubled on year to ₹400,000.
The company’s tax outgo for the March quarter was ₹73.90 million, compared to ₹129.60 million in the previous year.
For 2024-2025, the company’s net profit fell 0.5% to ₹2.83 billion, while revenue rose 14.2% to ₹3.68 billion.
The board has recommended a dividend of ₹27 per share.