 "Tata Capital, impairment, FY25 results, IPO, Tata Sons, NBFC, unsecured loans, NPA, Fitch, Crisil, loan book, DRHP, Tata group")
Tata Capital, the upper-layer non-banking financial company (NBFC) that is planning an initial public offering (IPO) to meet the regulatory deadline, saw its impairment on financial instruments surging to ₹3,072 crore in 2024-25 from just ₹748 crore in the previous financial year.
The rise in stress has affected the NBFC’s growth in standalone profit, which increased 4 per cent to ₹2,594 crore in FY25 despite a 67 per cent rise in interest income to ₹19,203 crore and a 64.5 per cent expansion in revenue from operations to ₹21,866 crore.
The gross non-performing asset (NPA) ratio increased to 2.33 per cent
