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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (8857)	10/23/1999 8:05:00 PM
From: Mohan Marette	of 12475

TATA Finance Q1 results. tata.com Tata Finance net at Rs 9.7 cr in Q1 MUMBAI: Tata Finance Ltd has reported a net profit of Rs. 9.78 crores for the first quarter ended September 30, 1999 as against Rs. 9.25 crores in the corresponding previous period. The net profit for the full year ended June 30, 1999, was Rs.42.96 crores. Income from operations increased to Rs. 117.16 crores from Rs. 107.32 crores. Other income was higher at Rs. 16.79 crores as against Rs. 12.06 crores. Total expenditure increased to Rs. 22.61 crores from Rs. 16.68 crores. Interest payment stood at Rs. 86.56 crores as against Rs. 78.02 crores. Gross profit after interest but before depreciation and taxation was Rs. 24.77 crores as compared to Rs. 24.66 crores.

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