Tata Investment Q3 net profit declines 12% to Rs 22 cr

Tata Investment today reported a 12 per cent decline in its net profit at Rs 22.38 crore for the third quarter ended December 31.

The tata group company had posted a net profit of Rs 25.39 crore in the October-December quarter of the 2015-16 fiscal, Tata Investment said in a regulatory filing on stock exchanges.

The company's total income also declined to Rs 32.29 crore in the quarter under review from Rs 35.18 crore in the same period a year ago.