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Tata Investment Corporation standalone net profit rises 161.04% in the March 2018 quarter

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Capital Market

Sales rise 62.82% to Rs 58.34 crore

Net profit of Tata Investment Corporation rose 161.04% to Rs 42.08 crore in the quarter ended March 2018 as against Rs 16.12 crore during the previous quarter ended March 2017. Sales rose 62.82% to Rs 58.34 crore in the quarter ended March 2018 as against Rs 35.83 crore during the previous quarter ended March 2017.

For the full year,net profit rose 17.35% to Rs 237.49 crore in the year ended March 2018 as against Rs 202.38 crore during the previous year ended March 2017. Sales rose 14.16% to Rs 309.67 crore in the year ended March 2018 as against Rs 271.27 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales58.3435.83 63 309.67271.27 14 OPM %90.4550.38 -91.3588.51 - PBDT52.7918.07 192 282.98240.19 18 PBT52.7318.02 193 282.87240.08 18 NP42.0816.12 161 237.49202.38 17

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First Published: May 08 2018 | 5:14 PM IST

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