TVS Credit Services CEO Ashish Sapra
TVS Credit Services Ltd., net revenue for the quarter ended March grew 76% from the year-earlier interval to ₹111 crore.
Total revenue elevated by 60% to ₹1,236 crore. Assets beneath administration rose 48% to ₹20,602 crore, stated the NBFC in a press release.
TVS Credit continued to preserve its robust progress momentum in disbursements, primarily pushed by credit score demand and customised product choices.
“We are closing FY23 on a strong note, with significant growth witnessed in disbursements across the products. With an expanding customer base of over 1 Crore, our emphasis will remain on enhancing the customer experience, leveraging data and technology,” stated Ashish Sapra, CEO.