Non-banking finance firm TVS Credit Services Ltd. would emphasise on enhancing buyer expertise, leveraging information and technology, a high official has mentioned.
The firm has reported a 76% rise in its web revenue for the quarter ended March 31, 2023 to ₹111 crore.
For the yr ending March 31, 2023 the online revenue grew by 221% to ₹389 crore as in contrast to final yr.
“We are closing FY23 on a strong note, with significant growth witnessed in disbursements across the products.” firm CEO Ashish Sapra mentioned.
“With an expanding customer base of over one crore, our emphasis will remain on enhancing the customer experience, leveraging data and technology,” he mentioned.
The firm had registered complete revenue for the quarter ending March 31, 2023 at ₹1,236 crore whereas for the yr it was at ₹4,160 crore.
Assets Under Management as of March 31,2023 was ₹20,602 crore, registering a 48 per cent rise over final yr.
In a press release, TVS Credit mentioned it continued to preserve robust progress momentum in disbursements throughout FY23, primarily pushed by credit score demand and customised product choices which have resonated properly with the shoppers.
The firm has been investing in constructing future-ready technology and digital capabilities to ship a seamless buyer expertise, it mentioned.
TVS Credit Services Ltd has over 31,000 contact factors throughout the nation. It has served practically 10 million prospects and has over 17,000 staff, the assertion mentioned.
