Tata Investment Corp Ltd Q3 profit down 12.5% to ₹35 Cr

Tata Investment Corp Ltd Q3 profit down 12.5% to ₹35 Cr

Tata Investment Corp Ltd reported a 12.55% decrease in consolidated profit after tax at Rs 34.74 crore for Q3 ending December 31, 2022.

In Q3 of the previous fiscal, the company had a consolidated profit after tax of Rs 39.73 crore, as stated in a regulatory filing.

Consolidated total income for the current quarter was Rs 37.69 crore, compared to Rs 50.97 crore in the same period the previous year.

Tata Investment Corp Ltd, which is a systemically important non-banking financial company and only conducts investment activities, reported total expenses of Rs 9.45 crore for Q3, compared to Rs 6.01 crore in the same period of the last fiscal.

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