Tata Investment Corporation has reported results for first quarter ended June 30, 2018.
The company has reported 25.03% rise in its net profit at Rs 22.48 crore for the quarter under review as compared to Rs 17.98 crore for the same quarter in the previous year. Total income of the company increased by 22.04% at Rs 31.01 crore for Q1FY19 as compared Rs 25.41 crore for the corresponding quarter previous year.
Tata Investment Corporation is involved in business of investing in shares, debentures, and other securities in India and aboard for long-term purposes. It acts as a catalyst in advancing long-term investment in India.
