Tata Sons profit jumps 22%, new bets lose nearly 29,000 crore
MUMBAI: Tata Sons posted a 22% jump in profit in FY26, lifted by gains from the listing of Tata Capital - even as its chairman N Chandrasekaran faces a crucial annual general meeting over his future at the conglomerate.
Net profit at the holding company of the salt-to-software group rose to Rs 31,961 crore from Rs 26,232 crore in FY25, driven largely by profit on sale of investments of Rs 6,531 crore - against a negligible Rs 72 crore a year earlier - as Tata Capital's IPO, India's fourth largest, delivered a windfall.
Net profit at the holding company of the salt-to-software group rose to Rs 31,961 crore from Rs 26,232 crore in FY25, driven largely by profit on sale of investments of Rs 6,531 crore - against a negligible Rs 72 crore a year earlier - as Tata Capital's IPO, India's fourth largest, delivered a windfall.
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