May 14, 2019 / 7:15 AM / 3 months ago

Russian lender TCS says net profit up 25% y/y in Q1

MOSCOW, May 14 (Reuters) - Russian consumer lender TCS Group on Tuesday said its net profit rose 25% in the first quarter to 7.2 billion roubles ($110.24 million).

TCS, the parent company of Tinkoff Bank, said its board has approved a second 2019 interim gross dividend of $0.17 per one share or global depositary receipt. ($1 = 65.3125 roubles) (Reporting by Andrey Ostroukh and Gabrielle Tétrault-Farber, editing by Louise Heavens)

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