Amid a slowdown in credit growth following the festive season-driven surge in Q3, the company maintained its strategic focus on the consumer finance and retail segments
TVS Credit Services Ltd has reported its highest-ever Profit After Tax (PAT) of ₹767 crore for the financial year ended March 31, 2025, recording a 34 per cent increase over the previous year.
Total income for the fiscal stood at ₹6,630 crore, registering a 14 per cent growth over FY24. Assets Under Management (AUM) rose modestly to ₹26,647 crore, representing a 3 per cent increase, according to a company statement.
In Q4 FY25, TVS Credit posted a net profit of ₹226 crore, a substantial 53 per cent jump from Q4 FY24. Total income during the quarter reached ₹1,674 crore, up 10 per cent from the same period last year.
Amid a slowdown in credit growth following the festive season-driven surge in Q3, the company maintained its strategic focus on the consumer finance and retail segments. Focus on targeted customer groups—particularly in consumer loans and vehicle finance—enabled it to disburse loans to over 13 lakh new customers in Q4, it said.
Overall, the company added over 40 lakh (4 million) new customers in FY25, bringing its total customer base to nearly 1.9 crore, and the book size expanded to ₹26,647 crore. The Gross Non-Performing Assets (GNPA), after write-offs, stood at around 2.9 per cent for the full year, with an improved figure of 2.8 per cent for the March quarter.
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Published on April 29, 2025
