Tata Investment Corporation shares declined 3 per cent on Tuesday after 38 per cent decline in consolidated profit after tax to ₹37.72 crore in March quarter 2025.
The stock traded 1.71 per cent lower on the NSE at ₹6,291 as at 10.33 am, after hitting a low of ₹6,239.50.
Its total income plunged 71 per cent to ₹16.61 crore in the quarter under review as against ₹57.46 crore in the corresponding quarter previous year. Sales also tumbled 71 per cent to ₹16.43 crore in the period under review compared to ₹57.46 crore last year.
Total expenses increased 24 per cent to ₹10.02 crore in March 2025 quarter.
In FY25, the profit declined 19 per cent to ₹312.09 crore compared to ₹384.96 crore in previous year.
In addition, the board has recommended a dividend of ₹27 per share.
Published on April 22, 2025
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