Chola MS reports lower Q2 net

Cholamandalam MS General Insurance Company Ltd (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group of Japan, reported a profit after tax (PAT) of Rs 91 crore for the second quarter ended September 2025, down from Rs 127 crore in the same quarter last year. Its gross written premium for the quarter under review stood at Rs. 2220 crore, up from Rs 2191 crore in the same quarter the previous year. 

Listen to this article

The gross written premium for half-year ended September 2025 grew 2% to Rs 4217 crore, up from Rs 4136 crore in first-half of the previous year. Profit before tax (PBT) for H1 was Rs 266 crore as against Rs 349 crore in corresponding half-year last year. The company’s investment grew to Rs. 18,382 crore as of September 30, 2025 with the solvency ratio at 2.11 times (regulatory requirement of 1.5 times). 

 Our sustained focus on growth with profitability continues to drive our growth and performance. As we advance in our digital transformation journey, we remain committed to delivering superior customer experiences through innovation and operational excellence,” said Mr V. Suryanarayanan, Managing Director, Chola MSin a statement.

Latest

A biography on SNN Sankaralinga Iyer

The biography was authored by veteran journalist K Balakumar....

Activity Galore

Godrej Properties bought 47 acres off OMR for a...

When Numbers Tell A Tale…

 Ask the mandarins at TAFE (Trac­tors and Farm Equipment...

Managing Power

With mercury rising, Tamil Nadu’s power demand is hitting...

Newsletter

Don't miss

A biography on SNN Sankaralinga Iyer

The biography was authored by veteran journalist K Balakumar....

Activity Galore

Godrej Properties bought 47 acres off OMR for a...

When Numbers Tell A Tale…

 Ask the mandarins at TAFE (Trac­tors and Farm Equipment...

Managing Power

With mercury rising, Tamil Nadu’s power demand is hitting...

Minister Keerthana Chairs Budget Consultation Meeting

Detailed discussions were held on the Department's ongoing development...

A biography on SNN Sankaralinga Iyer

The biography was authored by veteran journalist K Balakumar. The Tamil translation of the book was also released simultaneously. The Tamil translation was done...

Activity Galore

Godrej Properties bought 47 acres off OMR for a plotted residential project, while Arihant Foundation and Housing acquired a prime Anna Salai site, adjacent...

When Numbers Tell A Tale…

 Ask the mandarins at TAFE (Trac­tors and Farm Equipment Ltd.). They will unhesitatingly vouch for it. Indeed, the flagship company of the Chennai-based Amalgama­tion...