Cholamandalam Investment and Finance Company Q3 Results FY2023, PAT at Rs. 684 crores

Shreya Anaokar 1st February 2023 - 01:03 pm

On 31st January 2023, Cholamandalam Investment and Finance Company Ltd announced its results for the third quarter of FY2023.

Key Highlights:

- Disbursements at Rs.17,559 Crores for the quarter, up by 68% YoY
- Total AUM at Rs.103,789 Crores, up by 31% YoY
- Net Income Margin up at Rs.1,832 Crores for the quarter, up 22% YoY
- PAT at Rs.684 Crores for the quarter, up by 31% YoY

Business Highlights:

- Aggregate disbursements in Q3FY23 were at Rs.17,559 Crores, with a growth of 68%.
- Vehicle Finance (VF) disbursements were at Rs.10,446 Crores in Q3FY23, registering a growth of 37%.
- Loan Against Property (LAP) disbursed Rs.2,255 Crores in Q3FY23, a growth rate of 36%.
- Home Loan (Affordable HL and Affordable LAP) disbursed Rs.1,072 Crores in Q3FY23, registering a growth of 99%.
- Small and Medium Enterprises Loans (SME) disbursed Rs.1,782 Crores in Q3FY23, registering 273% growth.
- Consumer and Small Enterprise Loans (CSEL) disbursed Rs.1,868 Crores in Q3FY23.
- Secured Business and Personal Loan (SBPL) disbursed Rs.137 Crores in Q3FY23.

The Board of Directors of the Company approved the payment of an Interim dividend of 65% at Rs.1.30 per share on the equity shares of the Company.

How do you rate this article?

Characters remaining (1500)

View All

Shreya Anaokar

Disclaimer: Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.

FREE Trading & Demat Account

+91