Tata Capital on Tuesday reported an 11% sequential rise in its net profit to Rs 1,097 crore for the quarter ended September, marking its first quarterly results after listing.

The net interest income rose 5% on quarter to Rs 3,004 crore. The figures reflect the impact of its acquisition of Tata Motors Finance, completed on May 8, and are presented on a sequential basis. “Following the Motor Finance acquisition, our focus has been on stabilising key business metrics before accelerating growth. The integration is progressing well and remains on track with our plan,” Rajiv Sabharwal, managing director and CEO, said in a release.

“We have transitioned to a multi-OEM model and realigned the AUM mix towards used vehicles and small & light commercial vehicles. The underwriting and collection

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