DSIJ Mindshare

Q1FY19 Result: Tata Investment Corporation reports 22 per cent Revenue growth

Akshay N Gadiya 0 2464 Article rating: 3.3

EBITDA for the quarter rose by 26.3 per cent yoy to Rs. 26.34 crore with a corresponding margin expansion of 282 bps. EBITDA margin for the quarter stood at 85.1 per cent. TICL functions on an invest and hold business model that has hardly any operating expenses and thus exceptional margins. The PAT for the quarter came in at Rs. 22.48 crore, yoy increase of 25 per cent.

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