Tourism Finance Corporation of India (TFCI) has announced a profit after tax of ₹123.46 crore for the financial year 2025-26, marking a significant increase from the previous year’s ₹103.81 crore. This growth reflects the company’s robust financial performance and strategic initiatives.
The company’s total income for FY26 reached ₹276.83 crore, up from ₹260.06 crore in FY25. Interest income contributed ₹238.27 crore to the total, while other operating income accounted for ₹38.56 crore. TFCI’s net interest income also saw a rise, reaching ₹145.16 crore, compared to ₹106.69 crore in the previous year.
TFCI’s profit before tax for the year stood at ₹155.78 crore, showing an increase from ₹128.02 crore in FY25. The company’s equity share capital remained stable at ₹92.60 crore, while reserves and surplus grew to ₹1,222.54 crore from ₹1,123.77 crore.
The company’s net tangible worth increased to ₹1,304.84 crore from ₹1,207.28 crore in the previous year. Total borrowings rose to ₹1,083.46 crore, compared to ₹866.09 crore in FY25. TFCI’s gross assets under management, including gross loans and project-related NCDs, amounted to ₹2,188.87 crore, up from ₹1,693.57 crore.
The company’s gross non-performing loans (NPLs) significantly decreased to ₹7.82 crore, representing 0.37% of the gross loan book, a substantial improvement from the previous year’s 3.22%.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).