Cholamandalam Investment Q4 profit jumps 29%, asset quality improves

Cholamandalam Investment and Finance Company reported a steady March quarter performance, marked by strong profit growth, improving asset quality and continued expansion in its loan book, even as the stock saw mild gains post earnings.The company’s net profit rose 29.5% year-on-year to ₹1,640.7 crore, while net interest income (NII) increased 26% to ₹3,855 crore. Asset quality improved sequentially, with gross non-performing assets (GNPA) easing to 4.36% from 4.63% in the previous quarter, and net NPA declining to 2.87% from 3.13%.

Net income for the quarter stood at ₹4,789 crore, up 27% year-on-year, while full-year income rose 26% to ₹17,071 crore. The company’s total assets under management (AUM) grew 21% year-on-year to ₹2.43 lakh crore as of March 31, 2026, supported by healthy disbursement trends.
Aggregate disbursements for the quarter came in at ₹32,913 crore, taking the full-year figure to ₹1.11 lakh crore. Growth remained broad-based across segments, with vehicle finance AUM rising 18%, loan against property growing 26%, and home loans expanding 23% year-on-year. The SME book saw a sharper 41% increase, while secured business and personal loans grew 46%, indicating traction in newer segments.Also Read: Newgen Software Q4 Results: Shares rise up to 10% after US, APAC lead growth, margin expansion

The gold loans business also continued to scale, with disbursements of ₹1,130 crore during the quarter.

The board has recommended a final dividend of ₹0.70 per share for FY26, subject to shareholder approval.

Post earnings, shares of the company rose to an intraday high of ₹1,592.20 before paring gains to trade marginally higher at ₹1,559.60 on the NSE.