Cholamandalam Financial Holdings Limited — Updates, 07-02-2025: Press Release

Cholamandalam Financial Holdings Limited has reported significant growth for the nine months ending December 31, 2024. Consolidated profit after tax (PAT) reached ₹3,378 Cr, rising by 25% year-on-year. Total income for the quarter was ₹8,593 Cr, a 26% increase compared to the previous year, while PAT for the quarter was ₹1,093 Cr, up 6%.

Cholamandalam Investment & Finance Company Limited, in which the company holds a 44.35% stake, disbursed ₹25,806 Cr in Q3 FY25, reflecting a 15% growth. In terms of assets under management, the company saw a noteworthy increase of 34%, totaling ₹1,89,141 Cr.

Cholamandalam MS General Insurance Company Limited, with a 60% stake held by the company, reported a Gross Written Premium of ₹2,175 Cr for Q3 FY25, marking a growth of 19%. However, its PAT for the quarter declined sharply due to changes in fair valuations. Despite this, it recorded a cumulative Gross Written Premium of ₹6,340 Cr for the nine months, a 14% growth.

The company’s robust growth trajectory and solid performance across its subsidiaries present a positive outlook for investors, indicating continued operational strength amid evolving market dynamics.