Tata Investment Corporation reports 65% rise in Q1 consolidated net profit

05 Aug 2023 Evaluate

Tata Investment Corporation has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 2.43% rise in its net profit at Rs 111.33 crore for the quarter under review as compared to Rs 108.69 crore for the same quarter in the previous year. However, total income of the company decreased by 2.79% at Rs 122.88 crore for Q1FY24 as compared Rs 126.41 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 64.63% rise in net profit at Rs 147.74 crore for the first quarter ended June 30, 2023 as compared to Rs 89.74 crore for the same quarter in the previous year. Total income of the company increased by 48.77% at Rs 151.86 crore for Q1FY24 as compared Rs 102.08 crore for the corresponding quarter previous year.

Tata Invest Corp Share Price

6407.00 -148.60 (-2.27%)
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