Tourism Finance Corporation of India Limited — Others, 09-05-2025: Related Party Transactions

Tourism Finance Corporation of India Ltd has announced a board meeting where it approved the financial results for the quarter and half-year, reporting total income of Rs. 260.06 Cr and a profit after tax of Rs. 103.81 Cr for the year. The Board proposed a dividend of Rs. 3 per share (30%) pending shareholder approval. The company plans to raise up to Rs. 1000 Cr through loans or bonds and appointed M/s C J S Nanda & Associates as internal auditors for FY 2025-26. Enhanced provisions for credit losses of Rs. 37.65 Cr reflect ongoing economic challenges. Capital adequacy remains strong at 69.7%, with a reduced debt-equity ratio of 0.72. Internal financial controls are deemed effective.