TVS Credit Services Ltd. standalone net revenue for the December quarter rose 47% over the 12 months ancient times to ₹172 crore on robust credit demand pushed by festive fervour and elevated consumption and engaging client gives.
Total revenue of the corporate rose to ₹1,527 crore from ₹1,349 crore. Assets Under Management grew to ₹25,315 crore from ₹21,924 crore, it mentioned in a press release.
The NBFC mentioned that it witnessed substantial progress, significantly in client loans and retail loans. Additionally, it additionally added practically 14 lakh new prospects, surpassing a complete buyer base of 1.3 crore.
TVS Credit stays resolute in its dedication to digital transformation, constantly enhancing buyer expertise and operational effectivity, it mentioned.
