Tourism Finance Corporation of India Limited — Board Meeting, 09-05-2025: Outcome of Board Meeting

Tourism Finance Corporation of India Ltd. has announced a board meeting on which it approved the financial results for the quarter and half-year. PAT climbed 14% to Rs.128.02 Cr, with net profit at Rs.103.81 Cr for FY25, driven by steady interest income and tight expense control. A dividend of Rs.3 per share (30%) was declared. The board greenlit a fundraise of up to Rs.1000 Cr via loans or bonds to fuel growth. M/s C J S Nanda & Associates will take over as Internal Auditors for FY26. Capital adequacy remains healthy at 69.7%.