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Stock Report
TCFC Finance Ltd reports excellent Q1 results, net profit at Rs.5.74 Crores
Posted On : 2007-07-12 01:49:39( TIMEZONE : IST )
TCFC Finance Ltd reported the financial results for quarter ending June 30, 2007. The company's primary business is Investment. With Indian stock markets booming, the fortune of the company has been soaring in the past few quarters.
The company reported total income of Rs.409.35 Million for the quarter ending June 30, 2007 compared to Rs.376.98 Million reported during the same quarter last year.
The company posted a huge jump in net profit at Rs.57.41 Million compared to a loss of Rs.12.92 Million during Q1 of 2006-2007. The equity capital of the company stood at Rs.104.82 Million.
The Earnings Per Share (EPS) for Q1 2007-2008 stood at Rs.5.48 which is a quantum jump from negative Rs.1.23 in Q1 of 2006-2007.
The stock was trading at Rs.29.95, up by Rs.1.95 or 6.96%. The stock hit an intraday high of Rs.30 and low of Rs.27.50. The total traded quantity was 33922 shares compared to 2 week average of 16671.
