29-July-2026
Corporate News
 
Tata Sons profit jumps 22%, new bets lose nearly 29,000 crore
28-Jul-2026

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.

News Source:- https://timesofindia.indiatimes.com/business/india-business/tata-sons-profit-jumps-22-new-bets-lose-nearly-29000-crore/articleshow/132672948.cms