INTEGRATED FILING — NBFC



General information about company

Scrip code 501301
NSE Symbol TATAINVEST
MSEI Symbol NOTLISTED
ISIN INE672A01026
Name of company TATA INVESTMENT CORPORATION LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 30-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Investment Activity
Start date and time of board meeting 30-01-2026   16:00:00
End date and time of board meeting 30-01-2026   17:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 839.00 2,369.00
(ii) Dividend Income 1,321.00 21,881.00
(iii) Rental Income 297.00 879.00
(iv) Fees and commission Income 0.00 0.00
(v) Net gain on fair value changes 3,335.00 10,607.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 5,792.00 35,736.00
Other income 288.00 395.00
Total income 6,080.00 36,131.00
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 450.00 1,314.00
Finance costs 5.00 23.00
Depreciation, depletion and amortisation expense 96.00 293.00
Fees and commission expense 0.00 0.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 0.00 0.00
(f) Other expenses
1 Corporate Social Responsibility expenses 253.00 737.00
2 Other expenses 322.00 1,114.00
Total other expenses 575.00 1,851.00
Total expenses 1,126.00 3,481.00
3 Total profit before exceptional items and tax 4,954.00 32,650.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 4,954.00 32,650.00
7 Tax expense
8 Current tax 507.00 4,519.00
9 Deferred tax 34.00 111.00
10 Total tax expenses 541.00 4,630.00
11 Net Profit Loss for the period from continuing operations 4,413.00 28,020.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 3,126.00 8,965.00
15 Total profit (loss) for period 7,539.00 36,985.00
16 Other comprehensive income net of taxes 1,13,259.00 1,67,359.00
17 Total Comprehensive Income for the period 1,20,798.00 2,04,344.00
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 7,539.00 36,985.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1,13,259.00 1,67,359.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
20 Details of equity share capital
Paid-up equity share capital 5,060.00 5,060.00
Face value of equity share capital 1 1
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 1.49 7.31
Diluted earnings per share from continuing operations 1.49 7.31
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 1.49 7.31
Diluted earnings per share 1.49 7.31
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) 1. The above unaudited consolidated financial results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on January 30th, 2026. The joint statutory auditors of the Company have carried out a limited review of the aforesaid results and have given an unmodified conclusion in their review report. 2. The above unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards, notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time, and other accounting principles generally accepted in India along with the circulars, guidelines and directions issued by the Reserve Bank of India (RBI) from time to time and in compliance with the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3. In addition to the Profit After Tax as disclosed above, the Holding Company has realised profits on sale of equity investments credited to Retained Earnings in the Balance Sheet (Refer results for details). 4. The unaudited consolidated financial results are prepared in accordance with the principles set out in Indian Accounting Standard 110 'Consolidated Financial Statements' and Indian Accounting Standard 28 'Investments in Associates and Joint Ventures' in Consolidated Financial Statements. 5. The Company (including its wholly owned Subsidiary Company), Systemically Important Non Banking Financial Company (NBFC), has been classified by the Reserve Bank of India as a middle layer NBFC. 6. Since the Company has no activities other than those of an investment company, there are no separate reporting segments as per lnd AS 108 Operating Segment. 7. On November 21st, 2025, the Government of India notified the four new Labour Codes (the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020) consolidating 29 labour laws. The Group has done a preliminary assessment and considered an impact of the changes and accordingly accounted additional expense of Rs. 0.09 crore under 'Employee Benefits Expense'. The Group continues to monitor the finalisation of the Central/State Rules and clarifications from the Government on other aspects of the Labour Codes and finalise the impact on the financial results, if any, as and when such clarifications are issued/rules are notified. 8. The Board of Directors of the Company at their meeting held on August 4th, 2025, had approved the sub-division/ split of equity shares of face value of Rs. 10/- (Rupees Ten only) each, fully paid-up, into 10 (ten) equity shares having face value of Re 1/- (Rupee one only) each, fully paid-up. On September 21st, 2025, the shareholders approved the proposal for sub division through postal ballot process with the requisite majority. The record date for the said sub-division/ split was October 14th, 2025. Accordingly, the impact of stock split has been considered in the computation of basic and diluted Earning per share (EPS) and Total Equity (post-tax) per share for the quarter and nine month ended December 31st, 2025 and comparative figures till prior period have also been adjusted to give effect to such sub-division/split in accordance with requirements under Ind AS 33 - Earnings per share. 9. Previous periods' figures have been regrouped / reclassified, wherever necessary, to confirm to the current period presentation.




Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Changes in fair valuation of equity instruments 12791100000 20157800000
2 Remeasurement gain / (loss) on defined benefits plans 600000 -2100000
3 Share of Equity Accounted Investee 6000000 10700000
Total Amount of items that will not be reclassified to profit and loss 12797700000 20166400000
2 Income tax relating to items that will not be reclassified to profit or loss 14,652.00 34,425.00
3 Amount of items that will be reclassified to profit and loss
1 Changes in fair value of bonds / debentures -7500000 14500000
Total Amount of items that will be reclassified to profit and loss -7500000 14500000
4 Income tax relating to items that will be reclassified to profit or loss (9.00) 25.00
5 Total Other comprehensive income 1,13,259.00 1,67,359.00




Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 CHOKSHI & CHOKSHI LLP Yes 31-03-2028
2 CNK & ASSOCIATES LLP Yes 31-07-2027