Tata Capital Q2 net profit rises 51% on higher income
60-Word AI Digest
Tata Capital’s second-quarter net profit rose 51% year-on-year to Rs 1,660 crore, supported by higher interest income and loan growth. Assets under management increased 26% to Rs 3.08 lakh crore, while floating-rate lending adjustments and margin improvement remain key priorities.
Key Takeaways
- Tata Capital’s second-quarter net profit rose 51% year-on-year to Rs 1,660 crore, supported by higher interest income and loan growth.
- Assets under management increased 26% to Rs 3.08 lakh crore, while floating-rate lending adjustments and margin improvement remain key priorities.
- Full details and original dispatch available below.
Tata Capital’s second-quarter net profit rose 51% year-on-year to Rs 1,660 crore, supported by higher interest income and loan growth. Assets under management increased 26% to Rs 3.08 lakh crore, while floating-rate lending adjustments and margin improvement remain key priorities.
Original Publisher Attribution
This summary was curated from Economic Times.