Tata Capital Reports Robust AUM Growth and Record Quarterly Profit

31 Oct 2025 CW Team

Tata Capital (TCL) has reported a robust second quarter for FY26, with strong momentum across business segments and its highest-ever quarterly profit after tax (PAT). The company’s consolidated PAT rose 33% year-on-year to Rs 11.28 illion, while assets under management (AUM), excluding Motor Finance, grew 22% over the same period.

According to Rajiv Sabharwal, Managing Director & CEO of Tata Capital, the quarter reflected the strength of a diversified and well-managed portfolio. “Q2FY26 was marked by broad-based growth and continued improvement in credit quality, with a 30-basis-point drop in annualized credit cost compared to Q1FY26. We continue to harness digital and GenAI capabilities to enhance customer experience and operational efficiency,” he said.

Sabharwal noted that recent macroeconomic developments, including the GST reduction, are expected to boost consumption and provide a favorable environment for higher growth in the second half of the fiscal year.

Tata Capital’s Motor Finance business, acquired from Tata Motors Finance Limited in May 2025, is progressing as planned. The company has transitioned to a multi-OEM model and realigned its portfolio mix toward used vehicles and small and light commercial vehicles. “Our focus has been on stabilizing key business metrics. Integration is on track, and we expect the Motor Finance business to return to profitability by Q4FY26,” Sabharwal added.

The company also extended a warm welcome to its new investors, expressing appreciation for their trust in the brand. “With this confidence comes responsibility,” the company said in a statement, reiterating its commitment to disciplined execution, prudence, and long-term value creation.

Tata Capital continues to strengthen its technology-led financial ecosystem, leveraging digital tools and AI-driven insights to drive efficiency and growth across lending, wealth management, and infrastructure finance segments.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..