Cholamandalam Investment and Finance Company Limited’s Board of Directors has approved the audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board has sanctioned a proposal to raise funds up to ₹5,000 crores through a Qualified Institutions Placement (QIP). The company also issued notices for postal ballots to seek shareholder approval for this fundraising initiative. The audited financial results confirm robust performance, with significant growth in key metrics.
Board Approves Audited Financials and Major Fundraising
Cholamandalam Investment and Finance Company Limited (CIFCL) announced today that its Board of Directors has approved the audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. This approval marks a significant step in the company’s financial reporting cycle.
Substantial Capital Infusion Planned
In a move to fuel future growth, the Board has also approved a proposal to raise aggregate funds not exceeding ₹5,000 crores through a Qualified Institutions Placement (QIP). This issuance will involve equity shares and/or eligible securities convertible into equity shares, to be placed with eligible Qualified Institutional Buyers. The terms and conditions for this placement will be determined in accordance with SEBI regulations, subject to requisite approvals. Shareholders will be approached for approval via a postal ballot notice.
Key Financial Highlights (Standalone)
The audited standalone financial results indicate strong performance:
- Revenue from Operations for the six months ended September 30, 2026, stood at ₹18,076.97 crores, a notable increase from ₹14,714.50 crores in the prior year period.
- Profit Before Tax for the same period rose to ₹4,408.78 crores, compared to ₹3,090.39 crores in the previous year.
- Profit After Tax for the six months ended September 30, 2026, was ₹3,283.66 crores, up from ₹2,291.22 crores in the prior year.
- The company reported a Capital Adequacy Ratio (CAR) of 20.62% as of September 30, 2026, well above the regulatory requirement.
Consolidated Performance
On a consolidated basis, the financial results also demonstrate positive growth:
- Total Income for the six months ended September 30, 2026, reached ₹18,351.19 crores.
- Profit Before Tax for the consolidated entity was ₹4,411.94 crores.
- Profit After Tax consolidated stood at ₹3,286.56 crores.
The company confirmed that the proceeds from its Non-Convertible Debentures issued and listed on NSE and BSE have been fully utilized for the purposes disclosed in their respective documentation, with no deviation.
Source: BSE
