TVS Credit Services Limited, a key player in India’s non-banking finance sector, has kicked off FY26 on a strong note, reporting a 29% year-on-year rise in net profit for the quarter ending June 30, 2025. The company’s profit after tax (PAT) stood at ₹181 crore, compared to ₹140 crore in the same quarter last year.
The growth in profitability was backed by a combination of steady disbursement growth, a widening customer base, and a continued push towards operational efficiency and digital transformation.
Margins Expand, Disbursements Hold Strong
TVS Credit’s total income for Q1 FY26 touched ₹1,697 crore, up 6% from ₹1,606 crore a year earlier. While the disbursement volume grew by 12%, the company’s assets under management (AUM) rose modestly by 2%, reaching ₹26,898 crore.
On the profitability front, the NBFC reported ₹243 crore in profit before tax, reflecting a 30% jump over the ₹187 crore in Q1 FY25—an indication of improved cost control and efficiency gains despite a relatively muted growth in top-line revenue.
16 Lakh New Customers Onboarded
During the April–June quarter, TVS Credit added over 16 lakh new customers, bringing its total customer base to more than 2 crore. The growth was largely driven by consumer financing, with the company staying focused on risk-calibrated lending across product categories.
The lender has also been actively investing in distribution expansion, product diversification, and technology-enabled customer service, aimed at building a future-ready platform for inclusive credit access.
