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Tata Capital on Tuesday reported it’s consolidated net profit (excluding non-recurring income) for the quarter ended September at ₹1,128 crore, up 33 per cent on a year-on-year (y-o-y) basis, led by higher growth in total income. The newly listed NBFC’s net interest income (NII) rose 23 per cent YoY to ₹2,637 crore, while fee income grew 59 per cent YoY to ₹588 crore. Its assets under management (AUM), excluding the motor finance business, grew 22 per cent YoY to Rs 2.15 lakh crore at the end of September 2025. The NBFC’s company’s gross stage three loans, stood at 1.6 per cent as of September 30, 2025, while net stage three loans were at 0.6 per cent. “Credit quality remains robust across categories, resulting in 30bps drop in annualized credit cost in Q2FY26 over Q1FY26. Further, we continue to leverage our digital and GenAI capabilities for improving customer experience and operating efficiency. On the macro front, the recent GST reduction is expected to provide a fillip to consumption, creating a supportive environment for higher growth in second half of FY26. We remain fully committed to build on this momentum and deliver consistently for all stakeholders, said Rajiv Sabharwal, MD and CEO of Tata Capital. Published on October 28, 2025
