Cholamandalam Investment and Finance Company Limited reported a 41% year-on-year increase in its standalone net profit for the second quarter of FY27, reaching ₹1,630 crore. The company also approved the issuance of equity shares via a Qualified Institutions Placement (QIP) to raise up to ₹5,000 crore. These results reflect strong operational performance and strategic capital raising initiatives.
Strong Financial Performance
Cholamandalam Investment and Finance Company Limited announced its audited financial results for the quarter and half-year ended September 30, 2026. The company reported a standalone net profit after tax of ₹1,630.07 crore for the quarter ended September 30, 2026, marking a significant 41% increase compared to ₹1,155.31 crore in the same period last year. For the six months ended September 30, 2026, the profit after tax stood at ₹3,283.66 crore, up 43% from ₹2,291.22 crore in the prior year.
Fundraising Approval
In addition to the strong financial results, the Board of Directors approved the issuance of equity shares and/or eligible securities convertible into equity shares through a Qualified Institutions Placement (QIP). This initiative aims to raise an aggregate amount not exceeding ₹5,000 crores in one or more tranches. The terms and conditions for the placement will be determined in accordance with SEBI regulations. The proceeds are intended to support the company’s growth and capital requirements.
Key Financial Highlights (Standalone)
- Total Income: ₹9,366.88 crore for Q2 FY27, up 23% YoY.
- Total Expenses: ₹7,178.59 crore for Q2 FY27.
- Consolidated Profit After Tax (PAT): ₹1,630.34 crore for the quarter, a 41% increase YoY.
- Consolidated PAT (YTD): ₹3,286.56 crore for the six months, a 43% increase YoY.
Consolidated Financials
On a consolidated basis, the profit after tax for the quarter ended September 30, 2026, was ₹1,630.34 crore, a 41% increase year-on-year. For the six months ended September 30, 2026, consolidated PAT stood at ₹3,286.56 crore, reflecting a 43% growth. The consolidated total income for the quarter rose by 23% YoY to ₹9,394.51 crore.
Source: BSE
