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

4 May 2022 , 05:04 PM

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.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 767.77 671.08 14 2747.12 2238.61 23
OPM % 38.99 37.41 34.55 38.08
PBDT 80.31 66.67 20 175.97 126.09 40
PBT 74.34 60.85 22 156.85 106.17 48
NP 63.20 63.64 -1 121.20 97.55 24

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