Tata Investment Corporation standalone net profit declines 23.91% in the December 2015 quarter

Sales decline 21.19% to Rs 35.19 crore

Net profit of Tata Investment Corporation declined 23.91% to Rs 25.39 crore in the quarter ended December 2015 as against Rs 33.37 crore during the previous quarter ended December 2014. Sales declined 21.19% to Rs 35.19 crore in the quarter ended December 2015 as against Rs 44.65 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales35.1944.65 -21 OPM %89.2992.92 -PBDT31.5241.50 -24 PBT31.4941.47 -24 NP25.3933.37 -24

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