Tourism Finance Corporation of India Ltd reported a net profit of ₹6,120.93 lakh for the quarter ended June 30, 2026, marking a substantial increase from the ₹3,055.89 lakh recorded in the same period of the previous year. Total income from operations rose to ₹8,102.26 lakh, up from ₹6,371.21 lakh in the quarter ended June 30, 2025. The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on July 20, 2026.

The company’s net profit before tax stood at ₹7,832.02 lakh for the quarter, compared to ₹3,815.89 lakh in the prior year period. Earnings per share (EPS) on a basic and diluted basis increased to ₹1.32 for the quarter ended June 30, 2026, up from ₹0.66 in the corresponding quarter of the previous year. The net worth of the company improved to ₹1,36,680.49 lakh as of June 30, 2026, from ₹1,23,836.86 lakh as of June 30, 2025.

The Debt Equity Ratio stood at 0.75:1 for the quarter ended June 30, 2026, showing an improvement from the 0.83:1 ratio reported for the year ended March 31, 2026. Outstanding debt capital was reported at ₹1,02,881.52 lakh, a decrease from ₹1,08,346.00 lakh as of March 31, 2026. The statutory auditors reviewed the results and issued an unmodified report.

Financial Results for the Quarter Ended June 30, 2026

The equity shares of the company, previously having a face value of ₹10, were split into five equity shares of ₹2 each effective September 19, 2025. Consequently, the EPS for comparative periods has been restated in accordance with Ind AS 33. The detailed financial results are available on the websites of the BSE and NSE.

Tourism Finance Corporation of India reported a strong financial performance for the quarter ended June 30, 2026, with net profit rising 100% to ₹61.21 crore from ₹30.56 crore in the corresponding period of the previous year. The company's total income increased by 75% to ₹115.15 crore, compared to ₹65.82 crore in Q1FY26, driven by growth in interest income and other operating income. The board approved the unaudited standalone financial results for the period.

Q1FY27 Financial Performance

The company's key financial metrics for Q1FY27 reflect significant year-on-year improvement across both top-line and bottom-line indicators. The following table summarizes the performance:

Revenue and Profit Growth

Total income for Q1FY27 stood at ₹115.15 crore, compared to ₹65.82 crore reported in the same quarter of the prior year. Net profit for the quarter came in at ₹61.21 crore, doubling from ₹30.56 crore recorded in the year-ago period. The sharp rise in net profit indicates improved profitability relative to the growth in revenue, pointing to stronger earnings efficiency during the quarter.

Operational Highlights and Asset Quality

Interest income for the quarter increased to ₹72.12 crore from ₹55.85 crore in the previous year, while other operating income rose significantly to ₹43.03 crore from ₹9.97 crore. The company maintained robust asset quality, with Gross NPA standing at 0.41% and Net NPA at nil. The Provision Coverage Ratio remained at 100%. The Capital Adequacy Ratio (CRAR) was reported at 57.13%, with Tier 1 capital at 55.93%.

Portfolio and Ratings

As of June 30, 2026, the company's Gross AUM stood at ₹2,002.05 crore. The loan portfolio was diversified across sectors, with Hotels accounting for 47%, Real Estate for 24%, and Manufacturing for 12%. The company holds credit ratings of 'AA-' from Infomerics and Brickwork Ratings, and 'A+' from Acuite Ratings and CARE Ratings for various long-term and bank borrowing facilities.