Cholamandalam Q4 net up on higher disbursements

Murugappa Group’s financial services arm Cholamandalam Investment and Finance Company Ltd (Chola) posted a 30 per cent growth in fourth-quarter net profit, driven by higher disbursements.

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The company posted a net profit of Rs 1,641 crore in the fourth quarter of FY 2026, when compared to Rs 1,267 crore in the same period last year.

Disbursements grew 25 per cent to Rs 32,913 crore in the fourth quarter, while net income increased 27 per cent to Rs 4,789 crore from the year-ago period.

Vehicle Finance (VF) disbursements were at Rs 18,132 crore in the fourth-quarter, Loan Against Property (LAP) business disbursed Rs 5,838 crore and Home Loan business disbursed Rs 1,895 crore in the same period.

Gold Loans business disbursed Rs 1,130 crore during Q4 FY26 and continued to scale steadily. We are currently operating through 119 dedicated branches, the company said.

In FY 2026, Cholamandalam’s net profit rose 23 per cent to Rs 5,220 crore from last year.

Asset under management increased 21 per cent to Rs 2,42,630 crore.

 

 

 

 

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