TATAINVEST2023-04-012023-06-30 TATAINVEST2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member TATAINVEST2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member TATAINVEST2023-06-30 TATAINVEST2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TATAINVEST2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member TATAINVEST2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member TATAINVEST2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 501301 TATAINVEST NOTLISTED Tata Investment Corporation Limited Equity 2023-04-01 2024-03-31 2023-08-04 2023-07-24 INR Crores First quarter 18:00:00 20:10:00 2023-08-04 2023-08-04 false Not applicable Single segment Investment Activity 2023-04-01 2023-06-30 Unaudited Consolidated 1516000000.00 2600000.00 1518600000.00 0.00 0.00 0.00 38900000.00 51700000.00 2300000.00 47700000.00 140600000.00 1378000000.00 0.00 1378000000.00 39000000.00 1200000.00 40200000.00 1337800000.00 0.00 0.00 0.00 139600000.00 1477400000.00 28544400000.00 30021800000.00 1468100000.00 9300000.00 28544200000.00 200000.00 506000000.00 10 29.02 29.02 0.00 0.00 29.02 29.02 0.00 0.00 0.00 1. The above unaudited consolidated financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on 4th August, 2023. The statutory auditors of the Company have carried out a limited review of the aforesaid results. 2. The above consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard, notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3. Profit on sale of equity shares earned during the quarter is as under: (Rs.in crores) 30-Jun-23 30-Jun-22 Quarter ended 74.48 119.16 Year ended March 2023 397.52 The above represents the pre-tax profit on sale of equity investments (i.e sales consideration less acquisition cost) out of the investment portfolio of the Company designated at Fair Value Through Other Comprehensive Income (FVTOCI), which have been transferred from FVTOCI Reserves to Retained Earnings in Other Equity on derecognition. 4. The consolidated results are prepared in accordance with the principles set out in Indian Accounting Standard 110 'Consolidated Financial statements' and Indian Accounting Standard 28 'Investments in Associates and Joint Ventures' in Consolidated Financial Statements. 5. The Company is a Systemically Important Non Banking Financial Company (NBFC). Pursuant to the Scale Based Classification of NBFCs, introduced by the Reserve Bank of India (RBI), the Company has been classified as a Middle Layer NBFC. Since the Company has no activities other than those of an investment company, there are no separate reporting segments as in lnd AS 108 Operating Segment . 6. The figures for the quarter ended March 31, 2023 as reported in these financial results are the balancing figures between the audited figures in respect of the full previous financial year and the published year to date figures upto the third quarter of the previous financial year. The figures upto the end of the third quarter of previous financial year had only been reviewed and not subject to audit. 7. Previous periods' figures have been regrouped / recomputed, wherever necessary. Tata Investment Corporation Limited (Noel N. Tata) Chairman DIN No. 00024713 Mumbai, August 4th, 2023 Corporate social responsibility 20000000.00 Other expenditure 27700000.00 Changes in fair valuation of equity instruments 32273100000.00 Remeasurment loss on define benefits plans -1500000.00 Share of Equity Accounted Investee -700000.00 32270900000.00 3746900000.00 Changes in fair value of bonds / debentures 25000000.00 25000000.00 4600000.00