Tourism Finance Corporation of India net profit jumps to Rs. 43.24 crore

Representing an increase of 48.05% over previous financial year

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Tourism Finance Corporation of India Ltd has announced its Financial Results for the period ended March 31, 2012.

The company has posted net profit of Rs.233.80 million for the quarter ended March 31, 2012 as compared to Rs.198.32 million for the quarter ended March 31, 2011, representing an increase of 17.89%.

Total income was at Rs.432.45 million for the quarter ended March 31, 2012 where as the same was at Rs.292.10 million for the quarter ended March 31, 2011, representing an increase of 48.05%.

The company has reported an EPS of Rs.2.90 for the quarter ended March 31, 2012 as compared to Rs.2.46 for the quarter ended March 31, 2011.

The company has posted net profit of Rs.494.69 million for the year ended March 31, 2012 as compared to Rs.444.10 million for the year ended March 31, 2011, representing an increase of 11.39%.

Total income was at Rs.1303.23 million for the year ended March 31, 2012 where as the same was at Rs.1095.29 million for the year ended March 31, 2011, representing an increase of 18.98%.

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