Tourism Finance Corporation of India Achieves Robust Profit Growth

Tourism Finance Corporation of India (TFCI) reported a 6% increase in net profit for the quarter ending March 2026, reaching Rs 32.02 crore. The company's revenue from operations also grew significantly by 8.61%. Anoop Bali was re-appointed as Managing Director for the next two years.

Tourism Finance Corporation of India (TFCI) has announced a 6% year-on-year growth in its net profit, totaling Rs 32.02 crore for the quarter ending March 2026. This increase comes as the firm reported Rs 30.20 crore during the same period last year, according to a regulatory filing.

TFCI's revenue from operations also showed promising growth, climbing 8.61% to Rs 73.89 crore compared to Rs 68.03 crore in the corresponding quarter of the previous year. For the entire fiscal year of 2026, the corporation recorded a 19% rise in net profit, amounting to Rs 123.46 crore as opposed to Rs 103.81 crore in FY25.

The company has re-appointed Anoop Bali as Managing Director for a term of two years, starting June 1, 2026, emphasizing its commitment to profitability, business expansion, and improved asset quality, particularly in reducing non-performing assets.