Tata Capital Reports Robust AUM Growth and Record Quarterly Profit
ECONOMY & POLICY

Tata Capital Reports Robust AUM Growth and Record Quarterly Profit

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement