Tourism Finance Corporation of India Limited has informed the Exchange regarding Board meeting held on May 09, 2025.
TFCILTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of TFCI, at its meeting on May 9, 2025, approved audited financial results for the quarter and year ended March 31, 2025. Total income for FY25 rose to Rs. 26,006.30 lakh from Rs. 24,203.56 lakh in FY24, while profit after tax grew to Rs. 10,381.32 lakh from Rs. 9,110.79 lakh, a jump of about 14%. Earnings per share stood at Rs. 11.21 versus Rs. 10.08 in the previous year. The Board has recommended a dividend of Rs. 3 per share (30%) for FY25, subject to shareholder approval. The company also plans to raise up to Rs. 1,000 crore through loans, bonds, or debentures. The statutory auditor (Rama K Gupta & Company) issued an unmodified opinion on the results, and no material fraud, default, or going concern issues were flagged.
Strong profit growth and a 30% dividend signal healthy returns for shareholders, while the Rs. 1,000 crore fund-raising plan points to future business expansion. The clean audit opinion should boost investor confidence.