New Delhi, Aug. 22 -- Auto finance non-banking financial companies' (NBFCs) Q1FY27 disbursements grew 20.7 per cent YoY to ~Rs 1.04 lakh crore, but declined 4.6 per cent QoQ as commercial vehicle (CV) volumes normalised after Q4FY26's pre-buying.

According to a report by Centrum, auto NBFCs delivered strong earnings during the first quarter of FY27, scaling fresh highs as sector assets under management (AUM) expanded approximately 17 per cent YoY. The growth engine visibly matured, shifting from the commercial vehicle-led surge of FY26 into a broader and more diversified expansion phase.

"Disbursement growth stayed healthy on a YoY basis, sustained by the continuing tailwind from GST rate cuts and resilient PV and tractor demand, but CV...