Profit before tax (PBT) jumped 70.19% YoY to Rs 97.28 crore in Q1 June 2022. Total expense climbed 88.4% YoY to Rs 11.17 crore in Q1 June 2022.

Tata Investment Corporation is a non-banking financial company, engaged in investing in long term investments in equity shares, debt instruments, listed and unlisted, and equity related securities of companies in a wide range of industries. The major sources of income of the company consist of dividend, interest and profit on sale of investments.