Q1 FY27 Highlights:
AUM stood at Rs. 32,053 crores as on 30th June 26, a 19% growth compared to 30th June 25.
Total Income for Q1 FY27 was Rs. 1,918 crores, a 13% growth compared to Q1 FY26.
Profit after Tax was Rs. 208 crores for Q1 FY27, a 15% growth compared to Q1 FY26.
In Q1 FY27, TVS Credit reported sustained growth in disbursements, supported by improved consumption demand and traction across key retail financing segments. Consumer durables financing growth was driven by higher discretionary spending and premiumisation, increased reach and penetration. The two-wheeler category witnessed strong demand, due to steady semi-urban and rural participation, and marriage season buying along with increase in electric vehicles growth.
During the quarter, TVS Credit continued to enhance its capabilities in AI, data & analytics, and technology to drive better risk assessment, customer experience, and operational efficiency. The company further expanded its presence across semi-urban and rural India, increasing its network to nearly 62,000 touchpoints across the country.
In Q1 FY27, the Company disbursed loans to over 14 lakh new customers, bringing its total customer base to nearly 2.6 crore.
About TVS Credit Services Limited:
TVS Credit Services Limited, part of TVS VENU, is one of India’s leading and diversified Non-Banking Financial Company registered with the RBI. With nearly 62,000 touchpoints across India, the Company aims to empower Indians to dream bigger and fulfil their aspirations. Being the number one financier for TVS Motor Company Limited and one of the leading Two-Wheeler, Consumer Durable and Mobile Phone financiers, TVS Credit has a fast-growing footprint in Used Car Loans, Tractor Loans, Used Commercial Vehicle Loans, and Unsecured Loans.
As a testament to its commitment to employee wellbeing, TVS Credit has been certified as a Great Place To WorkTM by the Great Place To Work® Institute for the third consecutive year. Powered by best-in-class people management practices, robust new-age technologies and data analytics, the Company has served nearly 2.6 crore happy customers till date.
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