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Tata Investment shares in focus as Q4 PAT drops 38% YoY

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[hfe_template id='11223'] [ad_1] The shares of Tata Investment Corporation may remain in focus on Tuesday, April 22, after the company reported its fourth quarter earnings for FY25, posting a 37.6% year-on-year (YoY) decline in its profit after tax at Rs 37.72 crore. Tata Investment Q4 Results This is compared to a profit of Rs 60.47 crore reported in the year-ago period. Meanwhile, the company’s revenue from operations as well as the total income also witnessed a fall of 71% YoY each. The revenue from operations stood at Rs 16.43 crore, against Rs 57.11 crore reported in the corresponding quarter of the previous financial year. The total income for Q4FY25 stood at Rs 16.61 crore. Total expenses rose to Rs 10.02 crore, up 24% from Rs 8.08 crore in Q4FY24. Additionally, the company also announced a dividend of Rs 27 per share for its shareholders. Live Events About Tata Investment Corporation Tata Investment Corporation is primarily engaged in the business of investment i...

Stocks in news: Tata Investment, Tata Power, L&T, Wipro, Biocon

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[hfe_template id='11223'] [ad_1] Domestic markets experienced volatility on Wednesday and ended down nearly half a percent amid mixed signals. In today's trade, shares of Tata Investment, Tata Power, L&T, Wipro, Biocon among others will be in focus due to news developments and second quarter results. Tata Investment Shares of Tata Investment will be in focus in Thursday's trade as the company will announce quarterly numbers for the July-September 2024 period. Tata Power The company reported a net profit (before exceptional items) of Rs 1533 crore in the September 2024 quarter, compared with Rs 1,017 crore in the year-ago quarter. This is an increase of 51% year-on-year. Read more: Here's the trade setup for today's session Godavari Biorefineries Ace investor Madhuri Madhusudan Kela on Wednesday bought 5 lakh shares in debutant Godavari Biorefineries through a block deal. Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Ku...