Tourism Finance Corporation of India announced that the Board of Directors of the Company at its meeting held on 29 May 2019, inter alia, have recommended the final dividend of Rs 2.2 per equity Share (i.e. 22%) , subject to the approval of the shareholders.

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Net profit of Tourism Finance Corporation of India rose 61.79% to Rs 25.53 crore in the quarter ended March 2019 as against Rs 15.78 crore during the previous quarter ended March 2018. Sales rose 13.44% to Rs 63.13 crore in the quarter ended March 2019 as against Rs 55.65 crore during the previous quarter ended March 2018.

For the full year,net profit rose 11.32% to Rs 86.25 crore in the year ended March 2019 as against Rs 77.48 crore during the previous year ended March 2018. Sales rose 2.83% to Rs 229.95 crore in the year ended March 2019 as against Rs 223.62 crore during the previous year ended March 2018.

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Tourism Finance Corporation of India will hold a meeting of the Board of Directors of the Company on 29 May 2019.

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Pritish Nandy Communications Ltd, Ponni Sugars (Erode) Ltd, S E Power Ltd and B.L.Kashyap & Sons Ltd are among the other losers in the BSE's 'B' group today, 01 March 2019.

Tourism Finance Corporation of India Ltd crashed 17.88% to Rs 118.3 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 3.19 lakh shares were traded on the counter so far as against the average daily volumes of 20915 shares in the past one month.

Pritish Nandy Communications Ltd tumbled 14.25% to Rs 17.15. The stock was the second biggest loser in 'B' group.On the BSE, 300 shares were traded on the counter so far as against the average daily volumes of 3007 shares in the past one month.

Ponni Sugars (Erode) Ltd lost 9.61% to Rs 132.2. The stock was the third biggest loser in 'B' group.On the BSE, 302 shares were traded on the counter so far as against the average daily volumes of 878 shares in the past one month.

S E Power Ltd plummeted 9.51% to Rs 3.71. The stock was the fourth biggest loser in 'B' group.On the BSE, 377 shares were traded on the counter so far as against the average daily volumes of 191 shares in the past one month.

B.L.Kashyap & Sons Ltd fell 8.94% to Rs 21.4. The stock was the fifth biggest loser in 'B' group.On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 40823 shares in the past one month.

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