Ahmedabad Times

Tata Funding Company reported a pointy soar in its March quarter earnings, with web revenue rising 69% year-on-year (YoY) to Rs 63.83 crore, in contrast with Rs 37.72 crore in the identical interval final yr. Income from operations noticed a good stronger growth, climbing 143% YoY to Rs 39.98 crore from Rs 16.43 crore, pushed by increased dividend revenue and features from investments.

Dividend revenue stood at Rs 25.54 crore in the course of the quarter, whereas curiosity revenue got here in at Rs 9.88 crore. The corporate additionally reported a turnaround in truthful worth adjustments, posting a acquire of Rs 1.01 crore versus a loss within the year-ago interval.

Whole revenue rose to Rs 42.16 crore from Rs 16.61 crore a yr earlier, reflecting sturdy portfolio efficiency amid market volatility. Tax bills declined considerably in the course of the quarter, additional aiding web revenue development.

Whole bills elevated modestly to Rs 11.69 crore from Rs 10.02 crore within the year-ago quarter. Worker profit prices and different bills noticed a slight uptick, however remained broadly secure relative to revenue development.

The board has really useful a dividend of Rs 3.4 per share (340%) on a face worth of Rs 1 per share. The dividend will likely be paid after shareholder approval on the upcoming annual basic assembly.

For the total yr ended March 2026, revenue after tax rose to Rs 433.68 crore from Rs 312.09 crore within the earlier yr, whereas whole revenue elevated to Rs 403.47 crore from Rs 306.22 crore.