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The company reported second-quarter results largely in line with Street expectations. The company posted a consolidated net profit of ₹638 crore, marginally below the CNBC-TV18 poll estimate of ₹640 crore and down 25.9% year-on-year from ₹861 crore. Revenue from operations rose 4.2% to ₹11,685 crore, above the poll estimate of ₹11,154.6 crore, while EBITDA stood at ₹2,080.5 crore versus an estimate of ₹1,962 crore.

Shares of Tata Capital Ltd. are in focus on Wednesday, October 29, after the company reported its second quarter earnings a day prior along with expectations of better Return on Assets (RoA) compared to current levels.

During the September quarter, Tata Capital’s net profit increased by 11% to ₹1,097 crore from ₹990 crore in the previous quarter.

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The company reported a net profit of ₹164 crore for the second quarter, down 11.9% from ₹186 crore in the same period last year. Revenue for the quarter rose 19.6% year-on-year to ₹1,576.4 crore from ₹1,318.5 crore in Q2 FY25, driven by higher volumes across its CNG and PNG segments. EBITDA for the quarter was ₹295.1 crore, a decline of 3.5% from ₹305.8 crore in the corresponding quarter last year. The company’s operating margin fell to 18.7% from 23.2% in Q2 FY25.

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