July 11, 2014 2:13 PM ET

Consumer Finance

Company Overview of Tata Motors Finance Limited

Company Overview

Tata Motors Finance Limited provides auto financing services for the customers and dealers of Tata Motors in India. The company offers passenger car loans, utility vehicle loans, top up loans, used vehicle finance, loan takeover, refinancing, loans on commercial vehicles, and loans for construction equipment. Tata Motors Finance Limited was formerly known as TML Financial Services Limited. The company was founded in 2003 and is based in Mumbai, India. Tata Motors Finance Limited operates as a subsidiary of Tata Motors Ltd.

I-Think Techno Campus (Lodha)

2nd Floor, Building `A',

Off Pokhran Road No. 2

Adjacent to TCS Yantra Park, Thane West

Mumbai,  400601

India

Founded in 2003

Phone:

91 22 6181 5400

Key Executives for Tata Motors Finance Limited

Managing Director and Director
Age: 60
Chief Executive Officer
Age: 67
Chief Operating Officer
Age: 45
Head of Cv & Pc Business
Age: 44
South Regional Business Head
Age: 44
Compensation as of Fiscal Year 2014.

Tata Motors Finance Limited Key Developments

Tata Motors Finance Limited Reports Audited Earnings Results for the Year Ended March 31, 2014

Tata Motors Finance Limited reported audited earnings results for the year ended March 31, 2014. The company registered net revenue from operations of INR 29,040 million and reported a profit after tax of INR 1,010 million for the year ended March 31, 2014, as compared to INR 27,170 million and INR 3,090 million respectively, in the corresponding period last year. The results for the year has been impacted due to tightness in the financial market, stress in the business environment and the consequent higher provision on account of Non-Performing Assets.

Tata Motors Finance Ltd Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013

Tata Motors Finance Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2013. The company registered net revenue from operations of INR 6,950 million and reported loss after tax of INR 10 million for the quarter ended December 31, 2013, as compared to INR 7,570 million and INR 840 million, respectively, in the corresponding period last year. The results for the quarter has been impacted due to tightness in the financial market, stress in the business environment and the consequent higher provision on account of non performing assets. Net revenue from operations and profit after tax for the nine months ended December 31, 2013, stood at INR 22,160 million and INR 1,190 million, respectively, as compared to INR 20,370 million and INR 2,260 million, respectively in the corresponding period last year.

Tata Motors Finance Limited Reports Earnings Results for the Second Quarter and Half Year Ended September 30, 2013

Tata Motors Finance Limited reported earnings results for the second quarter and half year ended September 30, 2013. For the quarter, the company registered net revenues from operations of INR 7,330 million and reported a profit after tax of INR 410 million as compared to INR 6,540 million and INR 690 million, respectively, in the corresponding period last year. For the half year, the company reported net revenues from operations and profit after tax stood at INR 15,200 million and INR 1,210 million, respectively, as compared to INR 12,790 million and INR 1,420 million, respectively, in the corresponding period last year.

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