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The Economic Times

Business

Ritesh Presswala

Tata Capital shares rally 4% after Q1 profit surges 56%; AUM nears Rs 3 lakh crore

Tata Capital NBFC Gold

Tata Capital shares climbed 3.67% to Rs 367.95 during Wednesday's trading session after the company reported a strong set of earnings for the first quarter of FY27, driven by robust growth in profit, revenue, and its lending business.

The Tata Group-backed NBFC posted a consolidated net profit of Rs 1,547 crore for the April-June quarter, registering a 56% year-on-year (YoY) increase from Rs 990 crore reported in the corresponding quarter of the previous financial year.

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One subscription that gives you access to news from hundreds of sites

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