Tata Investment Corporation (501301) Q3 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024, were approved by the Board on February 11, 2025.

• Both standalone and consolidated results were subject to a limited review by joint statutory auditors, with no material misstatements identified.

Financial highlights

• Standalone profit after tax for the quarter was ₹34.33 crore, and for nine months, ₹248.65 crore, compared to ₹24.08 crore and ₹247.32 crore, respectively, in the prior year.

• Consolidated profit after tax for the quarter was ₹19.61 crore, and for nine months, ₹274.37 crore, compared to ₹53.24 crore and ₹324.49 crore, respectively, in the prior year.

• Standalone total income for the quarter was ₹43.76 crore, and for nine months, ₹317.77 crore.

• Consolidated total income for the quarter was ₹142.62 crore, and for nine months, ₹289.61 crore.

• Realised profit on sale of investments credited to retained earnings for the nine months was ₹235.31 crore (standalone) and ₹235.31 crore (consolidated).

Outlook and guidance

• The company continues to operate as a systemically important non-banking financial company (NBFC) classified as a middle layer NBFC by the Reserve Bank of India.