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Quarterly Results

TATAINVEST · Tata Investment Corporation Limited · NSE · Filed 4 Aug · 1 min read

Tata Investment's Q1 FY27 standalone profit rises as dividend income climbs

The Tata group holding company reported higher standalone profit after tax for the quarter ended June 30, 2026, driven by dividend income.

What was filed

Tata Investment Corporation's board met on August 4, 2026 and took on record the unaudited standalone and consolidated results for the first quarter of FY2026-27, the period ended June 30, 2026. The joint statutory auditors carried out a limited review and issued an unmodified conclusion on both sets of results.

The RBI classifies Tata Investment as a middle-layer, systemically important NBFC. As an investment company, its reported income comes largely from dividends, interest and fair-value movements on its holdings rather than an operating business, and the filing notes it has no reporting segments other than those of an investment company.

How the quarter shaped up

On a standalone basis, dividend income was the dominant contributor to revenue, and profit after tax rose against the same quarter a year earlier. The year-on-year comparison shown in the key-numbers panel is against the June 2025 quarter; the March 2026 figures shown alongside are balancing figures derived from the audited full-year accounts, per Note 7.

Beyond the profit in the income statement, the filing separately discloses profit realised on the sale of equity investments and credited directly to retained earnings. It also carries a large positive movement in the fair value of its equity portfolio through other comprehensive income — a line that reflects mark-to-market changes on holdings rather than cash earnings.

The stock-split context

The per-share figures reflect the sub-division approved during FY2025-26, under which each ₹10 face-value share was split into ten shares of Re 1 each, with a record date of October 14, 2025. Earnings per share and equity-per-share for the June 2025 comparative quarter have been restated on the post-split basis, so the year-on-year EPS comparison is like-for-like.

Standalone total income (Q1 FY26)
₹171.17 → ₹209.35 crQ1 FY26 → Q1 FY27+22%
Standalone dividend income (Q1 FY26)
₹136.32 → ₹205.83 crQ1 FY26 → Q1 FY27+51%
Standalone profit before tax (Q1 FY26)
₹159.62 → ₹197.36 crQ1 FY26 → Q1 FY27+24%
Standalone profit after tax (Q1 FY26)
₹139.22 → ₹163.89 crQ1 FY26 → Q1 FY27+18%
Standalone basic/diluted EPS (Q1 FY26)
₹2.75 → ₹3.24Q1 FY26 → Q1 FY27+18%
Consolidated profit after tax (Q1 FY26)
₹146.30 → ₹143.51 crQ1 FY26 → Q1 FY27−2%
Net margin
81.3% → 78.3%Q1 FY26 → Q1 FY27−3.0 pp
Realised profit on sale of investments (Q1 FY27, standalone)
₹68.52 crore
Standalone OCI — fair value change on equity (Q1 FY27)
₹5,115.28 crore
Standalone total equity (post tax) as of Jun 30, 2026
₹33,163.25 crore

‡ Computed by us from the filing’s own figures — not a company-stated number.

For a holder, quarterly results from an investment holding company mainly reflect dividend flows and mark-to-market swings on its portfolio rather than an operating business; the large fair-value line in other comprehensive income moves stated equity but is unrealised and can reverse in later quarters, as the filing's own prior-period figures illustrate.

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