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Tourism Finance Corporation reaffirms stable credit rating

July 29, 2025 at 12:00 PM UTCBy FilingReader AI

Brickwork Ratings reaffirmed Tourism Finance Corporation of India's BWR A+/Stable rating on Rs. 334.74 crore Non-Convertible Debentures.

The company reported strong financials for FY25 with capital adequacy ratio at 69.70% and tangible net worth of Rs. 1,207.28 crore. Gross NPAs stood at 3.22% while net NPAs were 1.61%.

Total income reached Rs. 260.06 crore with profit after tax of Rs. 103.81 crore for the year.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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