Cholamandalam Investment Q3 Net Rises 19% To ₹1,288 Cr

CW Bureau ·

Murugappa group’s financial arm Cholamandalam Investment and Finance Co. Ltd. (CIFCL) posted 19% increase in its standalone net profit for the December quarter at ₹1,288 crore over the corresponding period last year.

Total Assets Under Management grew 20% to ₹2,27,770 crore. Total revenue from operations increased by 17% to ₹7,985 crore and net income rose 23% to ₹4,342 crore.

Aggregate disbursements stood at ₹29,962 crore. Sector-wise disbursements stood as follows: Vehicle Finance ₹16,805 crore, Loan Against Property ₹5,285 crore, Home Loan ₹2,007 crore, Small and Medium Enterprises Loan ₹1,839 crore, Consumer and Small Enterprise Loans ₹2,825 crore, Secured Business and Personal Loan ₹429 crore and Gold Loans business ₹772 crore.

Gross non-performing assets increased to 4.63% from 4% and net NPA rose to 3.13% from 2.66% over the year ago period.  Capital adequacy ratio was 19.16% and provision coverage ratio stood at 33.44%. CIFCL continues to hold a strong liquidity position with ₹18,379 crore as cash balance as at the end of December 2025.

The Board approved the payment of Interim dividend of 65% being ₹1.30 per share on the equity shares of the company for the year ended March 2026.