Other Deals - Listed Firms
TVS Motor mulls hiving off financial services arm TVS Credit
Chennai-based, publicly listed TVS Motor Company may hive off its financial services arm, TVS Credit, as the firm looks to unlock shareholder value following a record-breaking year.TVS Credit is a lending unit that claims to serve 2.4 million customers across two-wheelers, tractors, and consumer durables.
For FY25, TVS Motor had reported about INR 56,070 Cr in Operating Income and about INR 3,186 Cr in PAT.
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