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Tata Investment Corporation Q4 results drag stock 3% as PAT slips 38% YoY
At 1:19 PM, Tata Investment shares were trading 1.98 per cent lower at ₹ 6,275 per share on the BSE. In comparison, the BSE Sensex was up 0.28 per cent at 79,627.22. The market capitalisation of the company stood at ₹31,813.82 crore. The 52-week high of the stock was at ₹8,075.9 per share and the 52-week low of the stock was at ₹ 5,147.15 per share.
Tata Investment Corporation Q4 results
The company in its fourth quarter under review reported a consolidated net profit of ₹37.72 crore as compared to ₹60.47 crore a year ago, translating to a decline of 37.6 per cent year-on-year (Y-o-Y). Its revenue for the quarter stood at ₹16.43 crore as compared to ₹57.11 crore a year ago.
Tata Investment Corporation dividend
The company's board also recommended a dividend of ₹27 or 270 per cent per share of ₹10 each, which shall be paid after the annual general meeting (AGM), subject to approval of the shareholders of the company at the ensuing AGM.
Apart from the dividend, Tata Investment's board also gave a nod to the re-appointment of Rajiv Dube as an Independent Director of the company for a second term of 5 years with effect from October 15, 2025. ALSO READ |
"The board of directors have, based on the recommendation of the Nomination and Remuneration Committee, approved the reappointment of Rajiv Dube as an Independent Director of the Company for a second term of 5 years with effect from October 15, 2025, subject to approval of shareholders," the filing read.
About Tata Investment Corporation
Tata Investment invests in a diversified portfolio of quoted and unquoted securities of companies, including Tata Companies, which are engaged in various businesses with a history of strong operating and financial performance. The typical investment approach of the Company will be to seek a combination of value and growth, according to its official website.
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