Tourism Finance Corporation of India Limited — Important, 25-10-2024: Updates
25-10-2024 · 03:19 pm
Tourism Finance Corporation of India's H1 FY25 report reveals a 21% increase in profit after tax to ₹50.98 crore, alongside a gross loan book of ₹1,546.56 crore. The company announced plans to commence digital retail lending via a fintech platform and maintains a focus on hospitality and tourism financing. Credit ratings remain stable, with an A+ long-term rating confirmed by major agencies. Enhanced profitability metrics include an increase in earnings per share and book value per share.
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