More Stories

Informist, Friday, Nov. 7, 2025

--Cholamandalam Fincl Jul-Sept consol PAT INR 5.50 bln vs INR 5.26 bln yr ago

--Cholamandalam Fincl Jul-Sept consol revenue INR 94.61 bln vs INR 80.90 bln

--Cholamandalam Fincl Apr-Sept consol PAT INR 11.28 bln vs INR 10.74 bln

--Cholamandalam Fincl H1 consol revenue INR 187.58 bln vs INR 157.23 bln

MUMBAI – Cholamandalam Financial Holdings Ltd. reported a mid-single digit on-year rise in its bottom line for the September quarter, slower than the near 25% on-year growth it saw in the corresponding quarter a year ago. The slower growth in bottom line was primarily because of an over 19% on-year rise in total expenses, which outpaced the near 17% rise in total revenue.

The core investment company, part of the diversified Murugappa group, reported a consolidated net profit of INR 5.50 billion for the September quarter, up around 5% on year but down 5% sequentially. Its total revenue from operations for the quarter grew around 17% on year and around 2% on quarter to INR 94.61 billion.

The company's total income for the quarter grew a little over 17% on year and 2% on quarter to INR 95.89 billion. Its net interest income for the quarter was INR 72.02 billion, up 19% on year and 4% on quarter. The company's gross premium income for the quarter grew over 23% on year to INR 23.10 billion. Income from fee and commission rose around 11% on year to INR 5.28 billion.

The company's total expenses for the September quarter rose over 19% on year to INR 79.59 billion. This was primarily because of higher impairment costs and employee benefit expenses. The company's net impairment of financial instruments rose over 44% on year to INR 8.97 billion. Its finance costs grew over 15% on year to INR 35.18 billion and its employee benefit expenses rose over 29% on year to INR 11.98 billion. Its expense related to insurance claims, net of reinsurance recoveries, also grew around 29% on year to INR 13.33 billion. 

For the six months ended September, the company reported a consolidated net profit of INR 11.28 billion, up a little over 5% on year. Its revenue for the period grew over 19% on year to INR 187.58 billion.

On Thursday, Cholamandalam Investment & Finance Co. Ltd., in which the company holds about 44.37% stake, had reported a net profit of INR 11.55 billion and a revenue of INR 74.70 billion for the September quarter, up around 20% each on year. It reported disbursements to the tune of INR 244.42 billion during the quarter, up 1% on year.

On Friday, shares of Cholamandalam Financial, which were trading lower ahead of the earnings announcement, fell further and closed 4.5% lower at INR 1,884.10 on the National Stock Exchange.  End

Reported by Arya S. Biju

Edited by Nishant Maher

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.