Financial Services

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Tata Capital on Tuesday reported a 51 per cent growth in consolidated net profit to Rs 1,660 crore for the September quarter of FY27. The company had posted a net profit of Rs 1,097 crore in the July-September period of FY26. Net total income rose 24 per cent to Rs 4,676 crore during the September quarter of FY27, from Rs 3,774 crore in the corresponding period a year ago, the company said in a regulatory filing. Tata Capital Managing Director and CEO, Rajiv Sabharwal, said the company's loan book crossed Rs 3 trillion, "underscoring the scale, diversification and resilience of our franchise". The non-bank lender's Assets Under Management (AUM) stood at Rs 3,08,030 crore, up 26 per cent year-on-year. "Asset quality remained stable, reflecting our continued focus on portfolio quality, prudent underwriting and effective collections," Sabharwal said. In a separate exchange filing, Tata Capital said its board approved a proposal for the enhancement of the existing medium-term note ..

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