Tata Investment Corporation standalone net profit rises 33.94% in the March 2016 quarter

Sales rise 24.50% to Rs 39.23 crore

Net profit of Tata Investment Corporation rose 33.94% to Rs 30.70 crore in the quarter ended March 2016 as against Rs 22.92 crore during the previous quarter ended March 2015. Sales rose 24.50% to Rs 39.23 crore in the quarter ended March 2016 as against Rs 31.51 crore during the previous quarter ended March 2015.

For the full year,net profit rose 8.63% to Rs 202.61 crore in the year ended March 2016 as against Rs 186.51 crore during the previous year ended March 2015. Sales rose 9.08% to Rs 251.92 crore in the year ended March 2016 as against Rs 230.95 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales39.2331.51 25 251.92230.95 9 OPM %87.2886.35 -92.9593.47 - PBDT34.2427.26 26 234.33216.03 8 PBT34.2127.32 25 234.22216.02 8 NP30.7022.92 34 202.61186.51 9

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