Archive · 20 Jul 2026
TFCI Reports 90% Profit Surge in Q1 FY27
Tourism Finance Corporation of India Ltd (TFCI) recently announced a big increase in profits for the first three months of the financial year 2026-27.
The company made ₹61.21 crore in profit, which is almost double compared to the same time last year.
This growth came from higher revenue and other income, like a big refund from income tax.
However, the company also spent more money and set aside a large amount for potential bad debts.
Overall, TFCI is doing well financially but is also being cautious about future risks.
TFCI reported a 90.17% increase in net profit to ₹61.21 crore for Q1 FY27.
Revenue from operations rose to ₹81.02 crore, up from ₹63.71 crore in the previous year.
Total income for the quarter reached ₹115.15 crore, a significant increase from ₹65.82 crore in Q1 FY26.
Other income surged to ₹34.13 crore, driven by a ₹34.00 crore net interest on an income tax refund.
Total expenses increased to ₹35.63 crore, and the company made a provision of ₹41.20 crore for bad and doubtful debts.
- Who
- Tourism Finance Corporation of India Ltd (TFCI)
- What
- Reported a 90.17% increase in net profit for Q1 FY27
- When
- Quarter ended 30 June 2026
- Where
- Mumbai
- Why
- Due to significant growth in revenue and other income, including a substantial income tax refund
Positive Financial Performance
Increased Expenses and Provisions
Profit Growth
Positive Financial Performance
The company reported a 90.17% increase in net profit to ₹61.21 crore, driven by significant revenue and other income growth.
Increased Expenses and Provisions
Total expenses rose to ₹35.63 crore, and the company made a substantial provision of ₹41.20 crore for bad and doubtful debts.
- Net Profit
- ₹61.21 crore
- Revenue from Operations
- ₹81.02 crore
- Total Income
- ₹115.15 crore
- Other Income
- ₹34.13 crore
- Total Expenses
- ₹35.63 crore
- Provision for Bad and Doubtful Debts
- ₹41.20 crore
- Profit Before Tax
- ₹78.32 crore
- Equity Share Capital
- ₹92.60 crore
- Capital Risk Adequacy Ratio (CRAR)
- 34.03%