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Informist, Tuesday, Jul. 28, 2026

 

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--Tata Capital Apr-Jun consol net profit INR 15.47 bln 
--Analysts saw Tata Capital Apr-Jun consol net profit at INR 15.12 bln 
--Tata Capital Apr-Jun consol revenue INR 88.22 bln 
--Tata Capital Apr-Jun consol PAT INR 15.47 bln vs INR 9.90 bln year ago 
--Tata Capital Apr-Jun consol revenue INR 88.22 bln vs INR 76.65 bln yr ago 
--Tata Capital Apr-Jun net AUM at INR 2.91 tln, up 22% on year 
--Tata Capital Apr-Jun NII INR 35.71 bln, up 25% on year 
--Tata Capital capital adequacy ratio 18.5% as on Jun 30
--Tata Capital provision coverage ratio 56.9% on Jun 30 
--Tata Capital Apr-Jun credit cost at 1.0% vs 1.6% on year 
--Tata Capital: Expect FY28 AUM growth 23-25% on year 
--Tata Capital: Expect FY28 net profit growth above 30% on year 
--Tata Capital: Expect FY25-28 AUM CAGR at 23-25% 
--Tata Capital: Expect FY25-28 net profit CAGR above 30% 
--Tata Capital to enter into gold loan ops via Yogloans buy 

 

By Kabir Sharma and Vaishali Tyagi

Mumbai – Tata Capital Ltd. reported a sharp year-on-year increase in its consolidated bottom line for the June quarter, driven by strong growth in net interest income. The company's profit marginally exceeded Street estimates.

 

The non-banking financial services company reported a 56% year-on-year rise in net profit to INR 15.47 billion for the June quarter. On a sequential basis, the profit rose just 3%. Analysts had estimated the net profit at INR 15.12 billion.

 

The company released its June quarter result after market hours. Tuesday, shares of Tata Capital ended at INR 354.95 on the National Stock Exchange, up over 1% from Monday.

 

Consolidated revenue for the quarter rose to INR 88.22 billion from INR 76.65 billion a year earlier while net interest income increased 25% on year to INR 35.71 billion. Net total income rose 23% on year to INR 44.55 billion, reflecting healthy business momentum across lending segments.

 

The company's net assets under management expanded 22% on year to INR 2.91 trillion as of Jun. 30. Excluding the motor finance business, assets under management grew 28% on year to INR 2.66 trillion, highlighting strong traction across its core retail and small and medium enterprise franchises. Retail and small and medium enterprise loans accounted for 85.4% of the lender's total portfolio.

 

Asset quality continued to improve during the quarter. Annualised credit cost declined to 1.0% from 1.6% a year earlier, while the provision coverage ratio stood at 56.9% as of Jun. 30. Gross stage 3 assets were at 1.9% and net stage 3 assets at 0.8%. The company's capital adequacy ratio remained healthy at 18.5%, providing sufficient headroom to support future growth.

 

Managing Director and Chief Executive Officer Rajiv Sabharwal said the company started FY27 on a strong footing with healthy business momentum and encouraging asset quality trends supported by prudent underwriting and strong collection efficiencies. He added that investments in artificial intelligence and digital capabilities are improving productivity across origination, underwriting, collections, and customer servicing, with assets under management growing 22% while headcount increased by only about 5% on year.

 

Tata Capital also announced its entry into the gold loan business through the acquisition of Yogloans, subject to regulatory approvals and customary closing conditions. The company said the acquisition would diversify its retail lending portfolio and allow it to leverage Yogloans' expertise alongside Tata Capital's technology, risk management capabilities, and brand strength to scale the business.

 

Looking ahead, the company expects to maintain robust growth momentum. It guided for assets under management growth of 23-25% in the financial year 2027-28 (Apr-Mar), with net profit expected to grow more than 30% on year. Tata Capital also expects assets under management to deliver a compounded annual growth rate of 23-25% during FY25-FY28, while net profit is projected to grow at a compounded annual rate of more than 30% over the same period.  End

 

Edited by Rajeev Pai

 

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