Tourism Finance Corporation of India standalone net profit rises 429.54% in the March 2017 quarter

Sales rise 46.98% to Rs 49.84 crore

Net profit of Tourism Finance Corporation of India rose 429.54% to Rs 17.21 crore in the quarter ended March 2017 as against Rs 3.25 crore during the previous quarter ended March 2016. Sales rose 46.98% to Rs 49.84 crore in the quarter ended March 2017 as against Rs 33.91 crore during the previous quarter ended March 2016.

For the full year,net profit rose 31.37% to Rs 70.43 crore in the year ended March 2017 as against Rs 53.61 crore during the previous year ended March 2016. Sales rose 10.99% to Rs 194.38 crore in the year ended March 2017 as against Rs 175.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales49.8433.91 47 194.38175.13 11 OPM %87.7493.10 -84.5194.28 - PBDT21.199.44 124 74.2876.41 -3 PBT21.059.25 128 73.6675.68 -3 NP17.213.25 430 70.4353.61 31

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