Tata Capital Q4 Results: IPO-Bound NBFC's Profit Up 31% To Rs 1,000 Crore

Tata Capital Ltd., which is preparing for its initial public offering, announced a robust 31% year-on-year increase in its consolidated net profit for the quarter ending March 2025.

The company's bottomline stood at Rs 1,000 crore in the January-March quarter, compared to Rs 765 crore in the corresponding period of the previous fiscal year, according to a regulatory filing.

Revenues from operations also saw a substantial rise of nearly 50%, reaching Rs 7,478 crore in the fourth quarter, up from Rs 4,998 crore in the same period last fiscal.

Looking at the full financial year 2024-25, the Tata Group's financial services arm reported a profit of Rs 3,655 crore, an increase from Rs 3,327 crore in FY24, while its revenues surged to Rs 28,313 crore from Rs 18,175 crore.

Last month, Tata Capital filed draft papers with markets regulator SEBI for an iIPO through a confidential pre-filing route.

Identified by the Reserve Bank of India as an upper-layer non-banking finance company (NBFC), the firm has already secured the board's approval to proceed with the initial share sale. Notably, Tata Sons, the holding company of Tata Capital, owns a 92.83% stake in the company.

If successful, this IPO will be the largest initial share sale in the country's financial sector. It will also mark Tata Group's second public market debut in recent years, following the listing of Tata Technologies in November 2023.

This move is part of the company's efforts to comply with the Reserve Bank of India's (RBI's) listing requirements.

As per the RBI mandate, upper-layer NBFCs are required to list on stock exchange within three years of being designated as such. Tata Capital was categorised as an upper-layer NBFC in September 2022.

(With PTI inputs)