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Tourism Finance Corporation of India standalone net profit declines 10.80% in the September 2016 quarter

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Capital Market

Sales decline 7.53% to Rs 47.38 crore

Net profit of Tourism Finance Corporation of India declined 10.80% to Rs 16.36 crore in the quarter ended September 2016 as against Rs 18.34 crore during the previous quarter ended September 2015. Sales declined 7.53% to Rs 47.38 crore in the quarter ended September 2016 as against Rs 51.24 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales47.3851.24 -8 OPM %55.0090.81 -PBDT3.4624.53 -86 PBT3.3124.34 -86 NP16.3618.34 -11

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First Published: Nov 10 2016 | 4:47 PM IST

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