chennai nbfc tvs credit services limited on monday reported a 41 growth in net profit at rs 117 crore in q1 fy24 over rs 83 crore in the year ago quarterwhile its assets under management aum stood at rs 21924 crore as on june 30 2023 the companys total income increased by 56 yoy and stood at rs 1353 crore for the apriljune period of 202324 when compared with the corresponding period last year at rs 868 crorea statement here said tvs credit business witnessed substantial growth in loan disbursements across its product portfolio attributed to vehicle and consumptionled credit demand during this period the company added nearly 10 lakh new customers bringing its total customer base to over 11 crore as of date it added moreover it expanded the consumer loans business by launching in the north and northeast regions of the country