Tourism Finance Corporation of India standalone net profit declines 18.04% in the March 2024 quarter

Sales rise 0.26% to Rs 57.62 crore

Net profit of Tourism Finance Corporation of India declined 18.04% to Rs 20.40 crore in the quarter ended March 2024 as against Rs 24.89 crore during the previous quarter ended March 2023. Sales rose 0.26% to Rs 57.62 crore in the quarter ended March 2024 as against Rs 57.47 crore during the previous quarter ended March 2023.

For the full year,net profit rose 3.59% to Rs 91.11 crore in the year ended March 2024 as against Rs 87.95 crore during the previous year ended March 2023. Sales rose 3.70% to Rs 237.35 crore in the year ended March 2024 as against Rs 228.88 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales57.6257.47 0 237.35228.88 4 OPM %87.5292.40 -90.6388.01 - PBDT24.9532.16 -22 115.01111.03 4 PBT24.6731.81 -22 113.88109.37 4 NP20.4024.89 -18 91.1187.95 4

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