IPO-bound Tata Capital's QI profit more than doubles to Rs 1,041 crore

Non-banking financial company Tata Capital reported that its consolidated net profit more than doubled to Rs 1,040.93 crore for the quarter ended June 2025. In the same quarter last year, the IPO-bound company reported a profit of Rs 472.21 crore.

Total income for the quarter under review rose to Rs 7,691.65 crore, up from Rs 6,557.40 crore in the April-June quarter of the previous year, Tata Capital stated in a regulatory filing.

Earlier this month, Tata Capital submitted updated draft papers for a major initial public offering (IPO), with sources estimating the issue size at USD 2 billion (approximately Rs 17,200 crore). This valuation would place the company at around USD 11 billion.