Cholamandalam's Profits Surge with Strategic Growth
Cholamandalam Investment and Finance Company Ltd reported a 21% increase in net profit to Rs 1,135.91 crore for the April-June 2025 period. Total income rose 26%, despite flat overall disbursements. Vehicle finance soared 7%, while SME loans and home loans declined. New gold loan business disbursed Rs 100 crore.
- Country:
- India
Cholamandalam Investment and Finance Company Ltd, part of the Murugappa Group, recorded a strong financial performance for the April-June 2025 quarter, posting a 21% rise in net profit to Rs 1,135.91 crore. This reflects a significant growth from the Rs 942.23 crore achieved in the same period last year.
The company's total income saw an impressive 26% increase, reaching Rs 7,330.78 crore, compared to Rs 5,828.97 crore in the prior year. Notably, vehicle finance disbursements grew 7% to Rs 13,647 crore, while the newly launched gold loan segment disbursed Rs 100 crore.
However, the firm experienced declines in its home loan and SME business segments. Home loan disbursements decreased slightly to Rs 1,764 crore, and SME loans fell to Rs 1,705 crore, attributed to a strategic decision to focus on higher-return products.
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