Cholamandalam Investment and Finance Q1 net profit up 21%
The company's net income grew 27% to ₹ 3,864 crore in the April-June quarter 2025 from ₹ 3,033 crore in the comparable period last year.
The financial services arm of the diversified conglomerate Murugappa Group said its Asset Under Management (AUM) grew 23% to ₹ 2,07,663 crore as of June 30, 2025.
The Chennai-based company's aggregate disbursement in the first quarter of FY2025-26 was almost flat at ₹24,325 crore compared with ₹24,332 crore in the year-ago period.
Vehicle finance disbursements grew 7% to ₹13,647 crore in April-June 2025 from ₹12,766 crore in the same period last year.
Loan Against Property (LAP) business disbursements increased 21% to ₹ 4,705 crore in the first quarter of 2025-2026 from ₹3,874 crore in the comparable period last year.
Home loans disbursement saw a marginal decline to ₹ 1,764 crore in the first quarter of FY26 from ₹ 1,778 crore last year.
Small and Medium Enterprises Loan (SME) business disbursement declined to ₹ 1,705 crore in the April-June 2025 quarter from ₹2,160 crore in the comparable period, due to the conscious call to slow down certain low return on total assets products in this segment, the company said.
Due to the company exiting the partnership business, consumer and small enterprise loans disbursement declined to ₹2,046 crore in first quarter of 2025-26 from ₹3,486 crore last year.
Secured business and personal loan disbursement grew 34%to ₹359 crore in April-June 2025, from ₹268 crore in the comparable period last year, while newly launched gold loan business disbursed ₹100 crore.
The capital adequacy ratio (CAR) of the company as of June 30, 2025, was at 19.96% as against the regulatory requirement of 15%.
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