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Tata Investment Corporation net profit declines 3.75% in the March 2014 quarter

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Capital Market

Sales decline 3.13% to Rs 27.81 crore

Net profit of Tata Investment Corporation declined 3.75% to Rs 20.53 crore in the quarter ended March 2014 as against Rs 21.33 crore during the previous quarter ended March 2013. Sales declined 3.13% to Rs 27.81 crore in the quarter ended March 2014 as against Rs 28.71 crore during the previous quarter ended March 2013.

For the full year,net profit rose 6.90% to Rs 178.68 crore in the year ended March 2014 as against Rs 167.14 crore during the previous year ended March 2013. Sales rose 7.31% to Rs 220.88 crore in the year ended March 2014 as against Rs 205.83 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales27.8128.71 -3 220.88205.83 7 OPM %81.8889.93 -93.0993.02 - PBDT24.0625.83 -7 207.79191.79 8 PBT24.0325.78 -7 207.68191.52 8 NP20.5321.33 -4 178.68167.14 7

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First Published: May 30 2014 | 12:31 PM IST

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