Tata Investment Corporation reports 13% fall in Q3 consolidated net profit

18 Jan 2023 Evaluate

Tata Investment Corporation has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a fall of 59.68% in its net profit at Rs 14.85 crore for the quarter under review as compared to Rs 36.83 crore for the same quarter in the previous year. Total income of the company decreased 52.93% at Rs 24.74 crore for Q3FY23 as compared to Rs 52.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 12.56% in its net profit at Rs 34.74 crore for the quarter under review as compared to Rs 39.73 crore for the same quarter in the previous year. Total income of the company decreased 26.05% at Rs 37.69 crore for Q3FY23 as compared to Rs 50.97 crore for the corresponding quarter previous year.

Tata Invest Corp Share Price

6242.55 297.25 (5.00%)
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