Chola Financial Holdings Q3 Performance Highlights

Cholamandalam Financial Holdings has announced a 6% rise in its consolidated profit after tax (PAT) for the December quarter, reaching Rs 1,093 crore, up from Rs 1,207 crore in the previous year. The consolidated total income for the quarter also saw a significant increase, standing at Rs 8,593 crore, which marks a 26% growth year-on-year (YoY) from Rs 6,842 crore.

For the nine-month period ending December, the company witnessed a 29% growth in consolidated income, with the consolidated PAT growing by 25% YoY to Rs 3,378 crore.

Subsidiary Performance

Cholamandalam Investment and Finance Company (CIFCL), in which Chola Financial Holdings holds a 44.35% stake, reported a 15% increase in disbursements for Q3, totaling Rs 25,806 crore. The PAT for CIFCL stood at Rs 1,087 crore, a 24% increase compared to the same period last year, with assets under management (AUM) growing by 34% to Rs 1,89,141 crore as of December 31, 2024.

Cholamandalam MS General Insurance Company (CMSGICL), a subsidiary, recorded a gross written premium (GWP) of Rs 6,340 crore for the nine months of FY25, marking a 14% increase. Additionally, Cholamandalam MS Risk Services reported earnings of Rs 1.82 crore, up from Rs 1.24 crore the previous year.