TVS Credit Services Limited on Monday reported a 26% year-on-year growth in disbursements for FY2025-26 and posted its highest-ever profit after tax of Rs. 913 crore, up 19% compared to the previous financial year.
The company reported total income of Rs. 7,196 crore for FY26, marking a 9% increase over FY25. Profit before tax rose 21% year-on-year to Rs. 1,238 crore.
Assets under management (AUM) stood at Rs. 30,639 crore as of March 2026, registering a 15% growth compared to March 2025.
For the fourth quarter ended March 31, 2026, the non-banking financial company reported total income of Rs. 1,859 crore, up 11% year-on-year. Profit before tax for the quarter rose 15% to Rs. 348 crore, while profit after tax increased 13% to Rs. 256 crore.
According to the company, growth in disbursements during Q4 FY26 was supported by improved consumption sentiment and traction across key retail financing segments.
The company said the two-wheeler financing segment witnessed strong demand during the quarter, aided by recovery across urban and semi-urban markets. Adoption of electric vehicles also contributed to demand growth due to improved affordability, wider model availability and increased financing penetration.
Consumer durable financing remained steady during the quarter, driven by seasonal purchases and rising discretionary spending.
TVS Credit said it continued to focus on risk-calibrated growth across product categories while maintaining a diversified lending book. The company added that prudent underwriting measures and sharper credit metrics have started reflecting in improvement in portfolio quality through reduction in total credit costs and gross non-performing assets as of March 2026.
During FY26, the company disbursed loans to more than 53 lakh new customers, taking its total customer base to over 2.4 crore as of March 2026.
TVS Credit said it will continue to focus on technology and innovation-led digital transformation while maintaining strong risk management practices.