TVS Credit Services reports fifteen percent profit growth in first quarter

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TVS Credit Services, the NBFC arm of the TVS Venu Group, reported a 15% rise in profit after tax to ₹208 crore for the quarter ended June 2026 (Q1 FY27).
The growth was supported by a 31% increase in disbursements and 13% growth in total income, which stood at ₹1,918 crore.
The company's assets under management rose 19% year-on-year to ₹32,053 crore, helped by demand in consumer durables and two-wheeler financing, including electric vehicles.
It added over 14 lakh new customers in the quarter, taking its total customer base to nearly 2.6 crore.

Whether disbursement growth of 31% sustains in coming quarters given its reliance on consumption demand and seasonal factors like the marriage season.
Trends in two-wheeler and consumer durables financing, particularly semi-urban and rural demand and electric vehicle adoption.

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Named India · TVS Credit Services · TVS Credit Services Ltd · TVS Venu Group

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