Tata Investment Corporation today said its net profit jumped by over three times to Rs 109.99 crore for the second quarter ended September of 2015-16.
The company's profit stood at Rs 36.53 crore during the July-September quarter of 2014-15.
Total income for the reviewed quarter also rose by more than two and half times to Rs 128.64 crore, as against Rs 48.86 crore a year ago.
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Tata Investment Corporation Limited is a non-banking financial company.
It is primarily involved in investing in long-term investments such as equity shares and equity-related securities.
Shares of the company closed at Rs 550 on BSE, almost flat from the previous close.
