Tourism Finance Corp Of India Q3 FY24 Results Live: Profit Rises by 50.08% YoY

Tourism Finance Corp Of India Q3 FY24 Results Live: Revenue increased by 29.35% YoY & profit increased by 50.08% YoY

Livemint
Published16 Feb 2024, 03:00 AM IST
Tourism Finance Corp Of India Q3 FY24 Results Live
Tourism Finance Corp Of India Q3 FY24 Results Live

Tourism Finance Corp Of India declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 29.35% & the profit increased by 50.08% YoY.

As compared to the previous quarter, the revenue grew by 11.98% and the profit increased by 47.12%.

The Selling, general & administrative expenses declined by 39.28% q-o-q & increased by 23.83% Y-o-Y.

The operating income was up by 48.05% q-o-q & increased by 45.8% Y-o-Y.

The EPS is 3.05 for Q3 FY24 which increased by 50.25% Y-o-Y.

Tourism Finance Corp Of India has delivered -13.09% return in the last 1 week, 90.58% return in the last 6 months, and 49.7% YTD return.

Currently, the Tourism Finance Corp Of India has a market cap of 1718.88 Cr and a 52-week high/low of 247.25 & 67.2 respectively.

Tourism Finance Corp Of India Financials

PeriodQ3 FY24Q2 FY24Q-o-Q GrowthQ3 FY23Y-o-Y Growth
Total Revenue59.5353.17+11.98%46.03+29.35%
Selling/ General/ Admin Expenses Total3.175.21-39.28%2.56+23.83%
Depreciation/ Amortization0.270.29-5.36%0.41-33.91%
Total Operating Expense31.2734.08-8.23%26.64+17.37%
Operating Income28.2619.09+48.05%19.38+45.8%
Net Income Before Taxes36.0923.75+51.94%24.38+48.01%
Net Income27.5918.75+47.12%18.38+50.08%
Diluted Normalized EPS3.052.07+47.34%2.03+50.25%
Stay updated on quarterly results with our results calendar

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First Published:16 Feb 2024, 03:00 AM IST
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