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Tata Capital Q2 Results: Profit jumps 51% to Rs 1,660 crore; NII up 23%

Finance · 2 updates

Tata Capital Q2 Results: Profit jumps 51% to Rs 1,660 crore; NII up 23%

Tata Capital on Tuesday reported a 51% year-on-year (YoY) rise in consolidated net profit to Rs 1,660 crore for the September quarter, compared with Rs 1,097 crore in the corresponding period last year, supported by strong loan growth, higher interest income and lower credit costs.The Tata Group's financial services arm reported a 24% increase in net total income to Rs 4,676 crore from Rs 3,774 crore a year earlier. Net interest income (NII) rose 23% to Rs 3,696 crore from Rs 3,006 crore.On a sequential basis, net profit increased 7% from Rs 1,547 crore in the June quarter, while net total inc

LIC Q2 Results: Profit jumps 20% YoY to Rs 12,115 crore, NPI grows 16%

Life Insurance Corporation of India (LIC), the country's largest insurer, reported a nearly 20% rise in consolidated net profit to Rs 12,114.78 crore for the September quarter on Thursday, supported by strong growth in premium income and higher investment earnings. The state-owned insurer had reported a net profit of Rs 10,098 crore in the corresponding quarter last year. However, profit declined 11% sequentially from Rs 13,584 crore in the June quarter.Net premium income increased 16.2% year-on-year to Rs 1.47 lakh crore from Rs 1.26 lakh crore in the September quarter of FY26. It rose 15% se

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