Business
Tata Capital posts 51 percent jump in net profit, while JSW Infrastructure profit drops 11 percent
Reported by Faizan Khan (Staff Writer) Β· Economic Times - Markets Β·
Confirmed by a second source: Business Standard - Top Stories
Tata Capital reported a 51 per cent growth in consolidated net profit to Rs 1,660 crore for the September quarter of FY27, up from Rs 1,097 crore in the same period a year ago.
Financial Results and Operations
Net total income for Tata Capital rose 24 per cent to Rs 4,676 crore, while its loan book crossed Rs 3 trillion and Assets Under Management reached Rs 3,08,030 crore, marking a 26 per cent year-on-year rise. Managing Director and CEO Rajiv Sabharwal stated that asset quality remained stable due to prudent underwriting and effective collections. In a separate exchange filing, the board approved raising its medium-term note programme from USD 2 billion to USD 3 billion to issue foreign currency bonds. The non-bank lender operates a network of 1,515 branches across 26 states and Union Territories, and its shares closed 0.45 per cent higher at Rs 300.80 on the BSE. Meanwhile, JSW Infrastructure reported an 11 percent drop in consolidated net profit to Rs 328.23 crore for the September quarter, down from Rs 368.81 crore the previous year, with total income at Rs 1,669.47 crore and expenses at Rs 1,238.34 crore. JSW Infrastructure also noted that cargo volumes from its India operations grew 8 percent year-on-year to reach 29.4 million tonnes.
Context
Major financial institutions and infrastructure firms routinely report quarterly earnings that offer a clear picture of corporate lending health and industrial cargo movement across the country. These financial disclosures help market participants track sectoral growth, credit demand, and trade volumes. Companies often adjust their borrowing programmes and capital structures to support ongoing expansion plans in response to market conditions.
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