Results - Announcements
Cholamandalam Financial Holdings Ltd share price gained 2.88% to Rs 1413.9 after the company's net profit dropped 15.03% to Rs 1520.11 crore, while revenue from operations improved marginally 1.64% to Rs 11264.41 crore in Q2FY27 over Q2FY26.
The market capitalization of Investment Company industry group stocks on BSE stood at Rs 4.48 lakh crore, rising by 12.26%. It has marginally improved by 9.41% over last one week and fell by 8.41% in last one month while the market capitalization of Cholamandalam Financial Holdings Ltd has inched up 4.58% and 13.11% in the same period respectively.
Profit before tax (PBT) of Cholamandalam Financial Holdings Ltd stood at Rs 2031.38 crore in Q2 FY27, rallying 24.49% year-on-year, and plunging by 15.36% quarter-on-quarter. EBITDA came in at Rs 1880 crore, surging by 29.07% YoY and tanking 17.68% sequentially.
Total expenses posted a minor rise of 6.53% to Rs 9358.78 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 1565.24 crore, soaring 22.78% YoY.
For FY26, revenue from operations grew 17.95% to Rs 39072.72 crore, while net profit rose by 15.72% to Rs 5485.18 crore, compared to previous FY. EBITDA surged by 606195% to Rs 6652.39 crore, and PBT rose 14.48% to Rs 7333.18 crore compared to previous FY.
Cholamandalam Financial Holdings Ltd nosedived by 28.13% in last one year, underperforming the benchmark BSE Sensex which has slipped by 4.80% during the same period.