Tata Investment Corporation standalone net profit declines 47.49% in the March 2017 quarter

Sales decline 8.67% to Rs 35.83 crore

Net profit of Tata Investment Corporation declined 47.49% to Rs 16.12 crore in the quarter ended March 2017 as against Rs 30.70 crore during the previous quarter ended March 2016. Sales declined 8.67% to Rs 35.83 crore in the quarter ended March 2017 as against Rs 39.23 crore during the previous quarter ended March 2016.

For the full year,net profit declined 0.11% to Rs 202.38 crore in the year ended March 2017 as against Rs 202.61 crore during the previous year ended March 2016. Sales rose 7.68% to Rs 271.27 crore in the year ended March 2017 as against Rs 251.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales35.8339.23 -9 271.27251.92 8 OPM %50.3887.28 -88.5192.95 - PBDT18.0734.24 -47 240.19234.33 3 PBT18.0234.21 -47 240.08234.22 3 NP16.1230.70 -47 202.38202.61 0

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