The Board of Tourism Finance Corporation of India at its meeting held on 17 May 2024 has approved raising resources up to Rs 750 crore by way of long/medium/short-term/overdraft loans from Banks/Financial Institutions/Other Institutions or issue of Bonds/Debentures/Other Instruments. Powered by Capital Market - Live News

Net profit of Tourism Finance Corporation of India declined 18.04% to Rs 20.40 crore in the quarter ended March 2024 as against Rs 24.89 crore during the previous quarter ended March 2023. Sales rose 0.26% to Rs 57.62 crore in the quarter ended March 2024 as against Rs 57.47 crore during the previous quarter ended March 2023.For the full year,net profit rose 3.59% to Rs 91.11 crore in the year ended March 2024 as against Rs 87.95 crore during the previous year ended March 2023. Sales rose 3.70% to Rs 237.35 crore in the year ended March 2024 as against Rs 228.88 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales57.6257.47 0 237.35228.88 4 OPM %87.5292.40 -90.6388.01 - PBDT24.9532.16 -22 115.01111.03 4 PBT24.6731.81 -22 113.88109.37 4 NP20.4024.89 -18 91.1187.95 4 Powered by Capital Market - Live News

Tourism Finance Corporation of India will hold a meeting of the Board of Directors of the Company on 17 May 2024Powered by Capital Market - Live News

Tourism Finance Corporation of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 22 March 2024 .Powered by Capital Market - Live News

The Board of Tourism Finance Corporation of India at its meeting held on 26 February 2024 has approved the allotment of 88,91,000 equity shares of face value of Rs 10 each at an issue price of Rs 225 including a premium of Rs 215 each aggregating up to Rs 200.04 crore by way of preferential issue on private placement basis to persons belonging to non-promoter category. Powered by Capital Market - Live News