Cholamandalam Investment and Finance Q2 net up 41%, board approves fundraise up to ₹5000 cr via QIP
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Cholamandalam Investment and Finance Company reported a 41 per cent jump in net profit at ₹1,630 crore for the quarter ended September 2026.
- ✓On Wednesday, the board also approved a fundraise of up to ₹5,000 crore via QIP.
- ✓The company saw strong growth across its vehicle and SME loan segments.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
The Board of Cholamandalam Investment and Finance Company Ltd (CIFCL) on Wednesday approved fundraising via a QIP for an amount not exceeding ₹5,000 crore in one or more tranches.
The company's fundraise plans come at a time when it reported a robust 41 per cent jump in net profit at ₹1,630 crore for the quarter ended September 2026 (Q2 FY27). The strong growth in profitability came on the back of a 47 per cent growth in disbursements for the quarter at ₹35,872 crore.
Total assets under management (AUM) of the Murugappa Group-owned NBFC stood at ₹2,68,009 crore, up 25 per cent y-o-y from the same period last year.
For the half year ended September 2026 (H1 FY27), net profit came in at ₹3,284 crore, up 43 per cent y-o-y.
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