Tata Capital Q2 Results: Profit Rises 2%, Total Income Sees Uptick

Tata Capital's net profit during the quarter ended September rose 2% to Rs 1,097 crore, compared to Rs 1,076 crore in the year-ago period, according to an exchange filing on Tuesday.

The total income for the quarter rose 8% to Rs 7,750 crore. This compares to Rs 7,192 crore reported in the corresponding quarter of the previous fiscal.

• Total income up 7.7% to Rs 7,750 crore versus Rs 7,192 crore

• Net Profit up 2% to Rs 1,097 crore versus Rs 1,076 crore

"Q2FY26 was a strong quarter marked by broad-based momentum. Credit quality remains robust across categories, resulting in 30bps drop in annualized credit cost in Q2FY26 over Q1FY26," said Rajiv Sabharwal, Chief Executive Officer and Managing Director.

The company stated that they continue to leverage 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, as per the statement.

On integration of Motor Finance business, Sabharwal added that the company's focus has been on stabilising key business metrics before accelerating growth. "The integration is progressing well and remains on track with our plan. We aim to achieve a turnaround in the Motor Finance business and return to profitability by Q4FY26."

Shares of Tata Capital ended 0.52% at Rs 330.60 per equity share on the NSE, as compared to a 0.11% dip in the benchmark NSE Nifty 50. The company's returns have grown 1.56% since listing on the NSE and the BSE on Oct. 13.