Q1 FY27 results: PAT doubles to Rs 61 cr, revenue up 27%, AOA amendment approved
TFCILTD · price
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Tourism Finance Corp (TFCILTD) reported Q1 FY27 results: total income at Rs 115.15 cr versus Rs 65.82 cr YoY. Revenue from operations rose 27% to Rs 81.02 cr. PAT doubled to Rs 61.21 cr from Rs 30.56 cr, boosted by a one-time Rs 34 cr interest on an income tax refund for assessment years 1995-96 to 2002-03. Interest income up 29% to Rs 72.12 cr. Board also approved deleting Common Seal clauses from the Articles of Association, subject to shareholder approval. Limited review report is clean.
Strong headline growth driven partly by one-time tax refund interest of Rs 34 cr; underlying lending business up 27%. AOA change is routine.