TVS Credit Services consolidated net profit declines 0.69% in the March 2022 quarter

Sales rise 14.41% to Rs 767.77 crore

Net profit of TVS Credit Services declined 0.69% to Rs 63.20 crore in the quarter ended March 2022 as against Rs 63.64 crore during the previous quarter ended March 2021. Sales rose 14.41% to Rs 767.77 crore in the quarter ended March 2022 as against Rs 671.08 crore during the previous quarter ended March 2021.

For the full year,net profit rose 24.24% to Rs 121.20 crore in the year ended March 2022 as against Rs 97.55 crore during the previous year ended March 2021. Sales rose 22.72% to Rs 2747.12 crore in the year ended March 2022 as against Rs 2238.61 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales767.77671.08 14 2747.122238.61 23 OPM %38.9937.41 -34.5538.08 - PBDT80.3166.67 20 175.97126.09 40 PBT74.3460.85 22 156.85106.17 48 NP63.2063.64 -1 121.2097.55 24

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