Tata Capital Limited, the financial services arm of the Tata Group, has announced its robust financial performance for the third quarter of the financial year 2025-26 (Q3 FY26). The company reported a consolidated net profit of ₹1,285 crore, which represents a significant 39% year-on-year increase when excluding the one-time impact of exceptional expenses arising from the implementation of new labor codes. While some reports initially cited a net profit of approximately ₹1,257 crore with a 17-20% rise, these figures often include the impact of a ₹44.04 crore (or ₹27.05 crore) exceptional item related to the new labor codes. The management, including MD & CEO Rajiv Sabharwal, emphasized the comparable profit after tax figure of ₹1,285 crore, highlighting the underlying strong operational performance. The company's Net Interest Income (NII), excluding Motor Finance, also saw a healthy growth of 26% year-on-year, reaching ₹2,936 crore. Assets Under Management (AUM) expanded by 26% year-on-year to ₹2,34,114 crore (excluding Motor Finance), with broad-based growth across various products. Credit quality remained stable, with gross and net stage 3 remaining flat. The successful initial public offering (IPO) in October 2025 further strengthened the company's Tier-I capital base, positioning it for future growth. These results underscore Tata Capital's sustained business momentum and strong financial health within the Indian financial sector.