Whalesbook
Login Sign Up
Home Market News Corporate News Pricing Contact Us

Cholamandalam Investment PAT surges 23% to ₹5,220 crore; dividend declared

BANKINGFINANCE
Whalesbook Corporate News Logo
AuthorAarav Shah|Published at:
Cholamandalam Investment PAT surges 23% to ₹5,220 crore; dividend declared

Cholamandalam Investment and Finance Company reported a strong financial year with Profit After Tax (PAT) rising 23% to ₹5,220 crore. The company also recommended a final dividend, adding to its interim payout.

Cholamandalam Investment Reports 23% PAT Growth to ₹5,220 Crore

Profit After Tax (PAT) stood at ₹5,220 crore, a 23% increase year-on-year. Assets Under Management (AUM) grew 21% to ₹2,42,630 crore.

Reader Takeaway: Strong profit growth and AUM expansion driven by vehicle finance, countered by external macro-economic risks.

What just happened

Cholamandalam Investment and Finance Company Ltd (Chola) announced its financial results for the fiscal year ended March 31, 2026. The company reported a Profit After Tax (PAT) of ₹5,220 crore, marking a significant 23% year-on-year growth. Gross Income also saw a healthy increase, reaching ₹31,444.84 crore from ₹26,054.76 crore in the previous year. The company's Assets Under Management (AUM) expanded by 21% to ₹2,42,630 crore. Chola also declared a final dividend of 35%, bringing the total dividend for the year to 100%.

Disclaimer:This article is published for informational purposes only. While reasonable efforts are made to ensure accuracy, completeness, and timeliness, readers are encouraged to independently verify information before making any decisions based on the content. The views and information presented are subject to editorial review and may be updated without notice.