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Will falling interest rate help growth of NBFCs like Tata Capital? Know company’s Q2FY26 performance

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Will falling interest rate help growth of NBFCs like Tata Capital? Know company’s Q2FY26 performance
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Athira Sethu

Kochi, 22 Dec 2025

Interest rates are falling in the Indian markets with the monetary easing cycle by the Reserve Bank of India. Usually, falling policy rates translate into higher growth of NBFCs (Non-Banking Financial Companies). Tata Capital is one of the leading NBFCs in India, which has shown good growth in recent years.

Here is a snapshot of Tata Capital’s Q2FY26 performance:

Key Financials (Q2 FY26)

MetricQ2 FY26Q2 FY25YoY Change
Net ProfitRs 1,097 CrRs 1,076 Cr+2%
Revenue from OperationsRs 7,737.18 CrRs 7,184.78 Cr+8%
ExpensesRs 6,246.15 CrN/A+10%
Net Profit Margin14.18%14.97%-0.79%

Other Key Metrics

MetricValue
Assets Under ManagementRs 2,43,896 Cr
Employee Headcount29,992

(Source: Regulatory Filings)

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