TVS Credit Services Limited announced its financial results for the fourth quarter and financial year ended March 2026, reporting robust growth across key business metrics.
The non-banking financial company recorded a 26 per cent rise in disbursements in FY26 compared to FY25, supported by improved consumption sentiment and traction across retail financing categories.
For FY26, the company posted a Total Income of Rs. 7,196 crores, reflecting a 9 per cent growth over the previous year. Net Profit after Tax reached Rs. 913 crores, marking a 19 per cent increase and the highest-ever profit reported by the company. Profit before tax stood at Rs. 1,238 crores, up 21 per cent year-on-year.
In the fourth quarter of FY26, TVS Credit Services Limited reported an Assets Under Management (AUM) of Rs. 30,639 crores as of March 2026, representing a 15 per cent growth over March 2025. Total Income for Q4 stood at Rs. 1,859 crores, rising 11 per cent year-on-year, while Profit before Tax was Rs. 348 crores, up 15 per cent. Net Profit after Tax for the quarter stood at Rs. 256 crores, reflecting a 13 per cent growth compared to the same period last year.
The company highlighted that growth in Q4 FY26 was supported by strong demand in the two-wheeler financing segment, aided by improving urban and semi-urban consumption trends. The increasing adoption of electric vehicles also contributed to overall financing demand, supported by better affordability and expanding model availability. Consumer durable financing remained stable, driven by seasonal demand and higher discretionary spending.
During the year, TVS Credit Services Limited maintained a focus on risk-calibrated growth across product categories, strengthening portfolio diversification. The company also adopted a more proactive underwriting approach, with calibrated credit policy adjustments and improved credit metrics, resulting in better portfolio quality and a reduction in total credit costs and GNPA as of March 2026.
In FY26, the company disbursed loans to over 53 lakh new customers, taking its total customer base to more than 2.4 crore as of March 2026. It further emphasised its continued focus on technology-led transformation, digital expansion, and strengthening customer engagement while maintaining disciplined risk management practices.
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