- Cholamandalam Financial reported Q1 net profit of Rs 806 crore, up 39.2% YoY
- Consolidated total income rose 19.5% YoY to Rs 11,214 crore in Q1 FY27
- Strong profit and income growth indicate a positive start to FY27 for the firm
Cholamandalam Financial Holdings reported a strong performance for the June quarter of FY27, with consolidated net profit rising 39.2% year-on-year (YoY) to Rs 806 crore, compared with Rs 579 crore in Q1FY26.
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Consolidated total income increased 19.5% YoY to Rs 11,214 crore during the quarter, against Rs 9,383 crore in the year-ago period.
The sharp rise in profit, alongside double-digit growth in total income, points to a strong start to FY27 for the financial services group.
Q1FY27 Highlights
- Net profit: Rs 806 crore, up 39.2% YoY from Rs 579 crore
- Total income: Rs 11,214 crore, up 19.5% YoY from Rs 9,383 crore
On the bourses, the shares were trading a little over 2% higher at Rs 1,614.80 per share. In comparison, BSE Sensex was trading 0.33% lower at 77,829.97 levels.
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