Chennai: TVS Credit Services Limited, a non-bank financing arm of the TVS Group, has posted a 40% growth in net profit after tax at Rs 134 crore in th.
TVS Credit Services Ltd, a non-banking finance company, reported a profit after tax of Rs 134 crore in the July-September quarter, marking a 40% increase compared to the same quarter in the previous financial year when the net profit was Rs 96 crore.
In a separate release, the Competition Commission of India (CCI) approved the proposed acquisition of additional unit holding in Highways Infrastructure Trust by 2452991 Ontario Ltd.
PremjiInvest, the family office investment arm of Wipro Ltd founder-chairman Azim Premji, has struck a deal to acquire a 9.7% stake in TVS Credit Services Ltd ..