TATA CAPITAL Results Analysis-Q3FY26

Interest Earned for Q3FY26 is Rs. 7,242 Crs., 9.98% growth YoY, Net Interest Income is Rs. 3,315 Crs., 20.55% growth YoY, Total Income is Rs. 4,051 Crs., 23.68% growth YoY, Pre-Provisioning Operating Profit is Rs. 2,497 Crs., 29.67% growth YoY, PBT is Rs. 1,695 Crs., 19.79% growth YoY, Net profit is Rs. 1265 Crs., 20.41% growth YoY (which includes 44.04 Cr. one-time impact of New Labour Code). For Q3FY26 Gross NPA 2.2% vs 2.2% in Q2FY26, Net NPA 1.0% vs 1.1% in Q2FY26, indicates steady asset quality. Return on Assets is 2.3% improved by 10 BPS on QoQ basis, Return on Equity is 13.1% improved by 20 BPS on QoQ basis, Closing Book as on Q3FY26 is Rs. 2,60,698 Crs., 6.89% growth QoQ. On QoQ basis Interest Earned has achieved 3.77% growth, Net Interest Income has grown by 10.35%, Net Interest Margin is 6.6% improved by 14 BPS on QoQ basis, Total Income has grown by 7.34%, Pre-Provisioning Operating Profit has grown by 9.66%, PBT also grown by 12.45% and PAT growth is 13.03% ((which includes 44.04 Cr. one-time impact of New Labour Code). Overall robust AUM growth, stable GNPA/NNPA, declining credit costs, and improving ROA and operating leverage. Motor Finance “achieving break-even in Q3”.