Tata Capital, a non-banking financial company, on Monday announced that its consolidated net profit more than doubled to ₹1,040.93 crore for the quarter ended June 2025.
The company’s total income increased to ₹7,691.65 crore during the quarter under review, compared to ₹6,557.40 crore in the April-June quarter of FY2025, Tata Capital stated in a regulatory filing.

Earlier this month, Tata Capital submitted updated draft papers for a mega initial public offering (IPO), with sources estimating the issue size at USD 2 billion (₹17,200 crore). This would value the company at approximately USD 11 billion. As part of the Offer for Sale (OFS), Tata Sons will sell 23 crore shares, while the International Finance Corporation (IFC) will divest 3.58 crore shares.

At present, Tata Sons holds an 88.6% stake in Tata Capital, and IFC owns 1.8%.

If carried out successfully, this IPO would become the largest public issue in India’s financial sector. It would also represent the Tata Group’s second public listing in recent years, following the listing of Tata Technologies in November 2023.