Cholamandalam Investment and Finance Company, the Murugappa Group's non-banking finance company, on Wednesday reported a 41 per cent jump in profit for the second quarter of FY27, the quarter ended September 30, 2026. Standalone profit rose to Rs 1,630.07 crore — yaani about Rs 16.3 billion — from Rs 1,155.31 crore in the same quarter last year, The Hindu BusinessLine reported in its live results coverage.

Source: The Hindu BusinessLine

On a consolidated basis, profit after tax was Rs 1,630.34 crore and total income rose to Rs 9,394.51 crore, while assets under management grew 25 per cent to Rs 2,68,009 crore — yaani about Rs 2.68 lakh crore, or Rs 2.68 trillion. Reuters, in a filing-based report carried by TradingView, also recorded the September-quarter consolidated net profit at Rs 16.30 billion.

Source: Reuters via TradingView

41%Profit growth (Q2 FY27)
Rs 1,630 croreStandalone profit after tax
Rs 2,68,009 croreAssets under management, up 25%
Rs 5,000 croreQIP fund-raise approved by board

Growth came from across the lending book. Vehicle finance grew 21 per cent, while loan against property and home loans each grew 24 per cent, according to the company's results summary. The standalone profit also came in slightly ahead of the market consensus estimate of about Rs 1,600 crore reported by market trackers.

Alongside the results, the board approved raising up to Rs 5,000 crore — yaani Rs 50 billion — through a qualified institutions placement (QIP), a route that lets a listed company sell shares to large institutional buyers to strengthen its capital for future lending growth.

Cholamandalam shares rose about 2 per cent to Rs 1,494 on the NSE after the results, The Hindu BusinessLine reported. The results were among more than a hundred quarterly earnings announcements scheduled across Indian markets on Wednesday.