Tata Investment Corporation has reported a sharp decline in its fourth-quarter earnings for FY25, leading to a 3 percent drop in its stock price. The company’s consolidated net profit fell by 38 percent year-on-year, totaling Rs 37.72 crore compared to Rs 60.47 crore in the same quarter last year.
Revenue from operations also saw a significant downturn, plunging 71 percent to Rs 16.43 crore from Rs 57.11 crore in the previous year’s corresponding quarter. The decline in earnings has weighed on investor sentiment, with Tata Investment shares trading lower on the BSE and NSE following the announcement.
Despite the earnings slump, the company’s board has recommended a dividend of Rs 27 per share, maintaining its commitment to shareholder returns. Additionally, Tata Investment has approved the reappointment of Rajiv Dube as an Independent Director for a second term of five years, effective October 15, 2025.
Market Reaction:
- Tata Investment’s Q4 net profit declined 38 percent year-on-year to Rs 37.72 crore.
- Revenue from operations dropped 71 percent, reflecting broader financial challenges.
- The company announced a Rs 27 per share dividend despite the earnings decline.
- Rajiv Dube reappointed as an Independent Director for a second five-year term.
Sources: Business Standard, The Hindu BusinessLine.