Tata Investment Corporation consolidated net profit rises 654.31% in the March 2022 quarter

Sales rise 67.98% to Rs 51.94 crore

Net profit of Tata Investment Corporation rose 654.31% to Rs 20.14 crore in the quarter ended March 2022 as against Rs 2.67 crore during the previous quarter ended March 2021. Sales rose 67.98% to Rs 51.94 crore in the quarter ended March 2022 as against Rs 30.92 crore during the previous quarter ended March 2021.

For the full year,net profit rose 39.13% to Rs 214.24 crore in the year ended March 2022 as against Rs 153.99 crore during the previous year ended March 2021. Sales rose 55.59% to Rs 253.85 crore in the year ended March 2022 as against Rs 163.15 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales51.9430.92 68 253.85163.15 56 OPM %55.9322.74 -90.1887.96 - PBDT29.097.03 314 246.83168.25 47 PBT28.846.82 323 245.92167.42 47 NP20.142.67 654 214.24153.99 39

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