Tata Capital Fin Serv Net up 9% at Rs 187 cr in FY15

Tata Capital Financial Services has registered an 8.8 per cent rise in its net profit at Rs 187.34 crore in the 2014-15 fiscal.
Company's net profit stood at Rs 172.13 crore in the previous fiscal.
Total income of the company in 2014-15 increased to Rs 3,065.36 crore, up from Rs 2,783.13 crore in 2013-14, it said in a filing to BSE today.
However, asset quality of the company slipped during the fiscal ended March 2015 as gross NPAs (Non-Performing Assets) were at 5.71 per cent of the gross advances in 2014-15.
While, it was at 4.52 per cent in 2013-14.

Similarly, net NPAs as a percentage of net advances grew to 3.78 per cent in FY15, up from 3.68 per cent in the previous fiscal.