ABOUT TATA CAPITAL LIMITED
Tata Capital is the flagship financial services company of the Tata Group and is registered with the RBI as a systemically important non–deposit–accepting core Investment Company. Tata Capital is engaged in providing a wide range of services across various dimensions of business which includes commercial finance, consumer loans, and wealth services along with the distribution and marketing of Tata Cards. Tata Capital has 190 plus branches spread across the country.
TATA CAPITAL PERFORMANCE IN Q3 FY 24
Tata Capital Limited being one of the market leaders in the financial services sector has reported spectacular growth in Q3 of FY 24 and has achieved significant growth in terms of both sales and net profit.
INCREASE IN SALES
In continuing its growth journey, Tata Capital Limited Remarkable Performance in Q3 FY 24 has witnessed a tremendous upward growth with an increase in sales by 40.30% and with revenue touching a peak of 4623.23 crore rupees as compared to what it was in the same quarter in the previous financial year.
INCREASE IN NET PROFIT
Going with the momentum Tata Capital has reported a significant jump in its net profit as well with profit standing at 857.12 crore rupees with a substantial increase of 40.94 percent compared to what it was in Q4 December 2022.
OPERATING PROFIT MARGINS
Due to efficient management of operating costs and margins, Tata Capital has achieved a significant improvement in its Operating Profit Margins (OPM) as well as standing at 77.13% in the fourth quarter of FY 23. In inclination to it (PBDT) Profit before Depreciation, Tax, and Amortization also surged by 63% reaching 1370.89 crores.
FUTURE OUTLOOK
Tata Capital’s dedication and focused approach towards nurturing innovations continuously working on digital transformation and quick adaptability towards changing market scenarios have led to achieving substantial growth for the company and wealth creation for all its stakeholders in the long term perspective.
KEY GROWTH INDICATORS OF TATA CAPITAL LIMITED (AMOUNT IN LAKHS)
| PARTICULARS | 9MFY24 | 9MFY23 | FY 23 | FY22 |
| TOTAL INCOME | 13,18,863 | 9,25,911 | 13,63,700 | 10,31,441 |
| REVENUE FROM OPERATIONS | 12,77,378 | 9,08,255 | 13,35,841 | 10,10,934 |
| OTHER INCOME | 41,485 | 17,656 | 27,859 | 20,207 |
| PROFIT BEFORE TAX | 3,38,116 | 2,47,034 | 3,93,656 | 2,34,772 |
| PROFIT AFTER TAX | 2,56,158 | 1,86,094 | 2,94,577 | 1,80,081 |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 3,52,088 | 2,05,523 | 4,74,581 | 1,85,134 |