Cholamandalam Financial Holdings Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Cholamandalam Financial Holdings Ltd reported a 5.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 25.6%.
- Its expenses for the quarter were up by 6.8% QoQ and 25.9% YoY.
- The net profit decreased 2.9% QoQ and increased 6.4% YoY.
- The earnings per share (EPS) of Cholamandalam Financial Holdings Ltd stood at 25.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 8592.98 | 8180.15 | 6842.03 | 5.0% | 25.6% |
Total Expenses | 6459.66 | 6046.34 | 5129.93 | 6.8% | 25.9% |
Profit Before Tax | 1469.34 | 1511.57 | 1362.92 | -2.8% | 7.8% |
Tax | 378.41 | 387.44 | 336.42 | -2.3% | 12.5% |
Profit After Tax | 1092.90 | 1125.24 | 1027.00 | -2.9% | 6.4% |
Earnings Per Share | 25.90 | 28.00 | 24.90 | -7.5% | 4.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Cholamandalam Financial Holdings Ltd is a company primarily involved in the financial services sector. The company is known for its diverse range of offerings, including vehicle finance, home loans, small and medium enterprise loans, and a variety of other financial products. As part of the larger Murugappa Group, a renowned business conglomerate in India, Cholamandalam has a significant presence in the Indian financial market. Recent developments in the company have focused on expanding its digital footprint and enhancing customer service through technology. However, detailed information regarding recent strategic changes or specific product innovations is not available in the provided data.
Revenue
In the third quarter of fiscal year 2025, Cholamandalam Financial Holdings Ltd reported a total income of ₹8,592.98 crores, marking an increase from the previous quarter's total income of ₹8,180.15 crores. This represents a quarter-over-quarter growth of 5.0%. Comparing year-over-year, the income increased from ₹6,842.03 crores in Q3FY24, showcasing a substantial 25.6% rise. The consistent growth in revenue indicates a strong performance over the past year, with significant improvements in income generation compared to the previous fiscal year.
Profitability
For Q3FY25, Cholamandalam Financial Holdings Ltd recorded a profit before tax of ₹1,469.34 crores, which shows a slight decrease from ₹1,511.57 crores in Q2FY25, reflecting a -2.8% change quarter-over-quarter. The year-over-year comparison reveals a growth of 7.8% from the ₹1,362.92 crores profit before tax in Q3FY24. After accounting for taxes, the profit after tax for Q3FY25 was ₹1,092.90 crores, down from ₹1,125.24 crores in the previous quarter, indicating a -2.9% change. Compared to the same quarter last year, profit after tax increased by 6.4% from ₹1,027.00 crores. This data highlights a slight decline in quarterly profitability but maintains an upward trajectory year-over-year.
Operating Metrics
During Q3FY25, the company reported total expenses of ₹6,459.66 crores, up from ₹6,046.34 crores in Q2FY25, indicating a quarter-over-quarter increase of 6.8%. On a year-over-year basis, total expenses grew by 25.9% from ₹5,129.93 crores in Q3FY24. The earnings per share (EPS) for the quarter stood at ₹25.90, which is a decrease from ₹28.00 in Q2FY25, marking a -7.5% change quarter-over-quarter. Comparing year-over-year, the EPS increased by 4.0% from ₹24.90 in Q3FY24. The tax expense for the quarter was ₹378.41 crores, slightly down from ₹387.44 crores in the previous quarter, showing a -2.3% change, while it increased by 12.5% from ₹336.42 crores in Q3FY24. These metrics reflect changes in operational costs and shareholder returns over the observed periods.
