TVS Credit Services Ltd. reported 53% year on year (YoY) growth in net profit at ₹226 crore for the fourth quarter ended March 31, 2025. For the quarter, the NBFC reported a total income of ₹1,674 crore, up 10% YoY. In FY25, the company’s net profit grew 34% YoY to ₹767 crore. Total Income for FY25 was ₹6,630 crore, a 14% growth compared with FY24.
Assets under management (AUM) grew 3% YoY to ₹26,647 crore in FY25.
“In Q4 FY25, the industry witnessed moderation in the growth of credit following the festive surge in Q3. TVS Credit maintained its strategic focus on building a diversified book, primarily targeting consumer finance and retail segments,” the company said in a statement.
The company said it took a risk calibrated approach and focused on chosen customer segments particularly in consumer loans and vehicle finance. During this period, TVS Credit disbursed loans to over 13 lakh new customers, bringing its total customer base to nearly 1.9 crore. “TVS Credit will continue to focus on steady growth by increasing market penetration and share, expanding product offerings and distribution, driving digital transformation, and enhancing customer experience and operational efficiency,” it said.
Published – April 30, 2025 08:44 pm IST
