Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%
Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent. Assets under management grew by 22 percent, reaching Rs 2.91 lakh crore. Net interest income and the net loan book experienced strong year-on-year growth. The company's net worth jumped approximately 42 percent during the quarter.