Tata Investment Corporation spurted 6.79% to Rs 1510 after the company's consolidated net profit jumped 67.05% to Rs 89.94 crore on 64.70% increase in total income to Rs 102.08 crore in Q1 June 2022 over Q1 June 2021.
On a consolidated basis, the total revenue from operations and the dividend income during the quarter under review stood at Rs 101.97 crore (up 64.7% YoY) and Rs 74.19 crore (up 79.81% YoY), respectively.Profit before tax (PBT) jumped 70.19% YoY to Rs 97.28 crore in Q1 June 2022. Total expense climbed 88.4% YoY to Rs 11.17 crore in Q1 June 2022.
Tata Investment Corporation is a non-banking financial company, engaged in investing in long term investments in equity shares, debt instruments, listed and unlisted, and equity related securities of companies in a wide range of industries. The major sources of income of the company consist of dividend, interest and profit on sale of investments.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app