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Tata Investment Corporation reports 11.6% profit rise and plans a stock split to boost accessibility.
Tata Investment Corporation (TICL) saw its profits rise by 11.6% to ₹146.3 crore in the first quarter of 2025, up from ₹131.07 crore last year, driven by higher dividend income.
The company also announced a 1:10 stock split, aiming to make shares more accessible to retail investors, pending regulatory and shareholder approval.
TICL, a non-banking financial company, reported a 2% increase in revenue to ₹145.46 crore compared to the same quarter last year.
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Tata Investment Corporation informa un aumento del 11,6% en las ganancias y planea una división de acciones para impulsar la accesibilidad.