Cholamandalam reports 21% profit growth in Q1

Cholamandalam Investment and Finance Company reported profit before tax rose 21% to ₹1,530 crore in Q1 FY26, while profit after tax increased 21% to ₹1,136 crore.

Assets under management grew 18% year-on-year to ₹1,04,720 crore, though disbursements rose a modest 7% to ₹13,647 crore. Net income margin improved to 7.8% from 7.6% in the previous year.

The company maintains 1,703 branches across India with a capital adequacy ratio of 19.96%.