Annual Report 2009-2010 of Tata Investment Corporation Limited

It is a broadly described annual report of Tata Investment Corporation Limited in the year of 2009-10. During the financial year, Total assets of the Company stood at Rs. 152977.60 Crore. The Share capital of the Company stood at Rs. 4823.71 Crore. The total income of the Company during the year was Rs. 232.62 Crores against Rs. 213.44 Crores in the previous financial year. The total expenditure during the year was more or less the same at Rs. 9.82 Crores against Rs. 9.97 Crores in the previous year. The profit before tax for the year under review was higher by about 10% at Rs. 222.81 Crores from Rs. 203.47 Crores in the previous year. The profit after tax for the year under review was only 4% higher at Rs. 193.92 Crores compared to Rs. 186.29 Crores in the previous year. The Basic and diluted earnings per share (EPS) for the year was Rs. 49.64 and Rs. 40.20 respectively as against Rs. 54.05 and Rs. 46.04 per share respectively for the previous year.

The Board of Directors of the Company has decided not to recommend any final dividend for the year 2009-2010.

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