MOSCOW, Nov 22 (PRIME) -- The net profit of TCS Group, which comprises Russia’s Tinkoff Bank and Tinkoff Insurance, increased by 5.7 times on the year to 60.232 billion rubles in January–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Wednesday.
Revenue amounted to 340.275 billion rubles in the period.
The net profit quadrupled on the year to 23.636 billion rubles in July–September. The group's net interest income increased by 68.5% to 61.816 billion rubles in the period.
(87.8701 rubles – U.S. $1)
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