Cholamandalam Financial Holdings announced Q3FY23 results: Consolidated Q3FY23 & 9MFY23: For Q3FY23, the company has achieved PAT of Rs 720 crore as against Rs 543 crore in Q3FY22, registering a growth of 33% For 9MFY23, the company has achieved PAT of 1,909 crore as against Rs 1,553 crore in 9MFY22. Total income for Q3FY23 is Rs 4,777 crore as against Rs 3,744 crore in the corresponding quarter of the previous year, registering a growth of 28%. Total income for 9MFY23 is Rs 13,095 crore as against Rs 10,941 crore in 9MFY22 registering a growth of 20%. Cholamandalam Investment & Finance Company Ltd (CIFCL), in which the company holds about 45.37% stake, disbursed Rs 17,559 crore in Q3FY23 as against Rs 10,430 crore in Q3FY22, registering a growth of 68%. Disbursements in YTD Dec-22 are 45,512 crore as against Rs 22,772 crore in the previous year, registering a growth of 100%. PAT for Q3FY23 is Rs 684 crore compared to Rs 524 crore in Q3FY22, registering a growth of 31%. PAT for 9MFY23 is Rs 1,813 crore as against Rs 1,457 crore in 9MFY22, registering a growth of 24%. Assets under management grew by 31% to Rs 1,03,789 crore as of December 31, 2022 as compared to Rs 79,161 crore as of December 31, 2021. Cholamandalam MS General Insurance Company Ltd., (CMSGICL) a subsidiary in the general insurance business, in which the company holds about 60% stake, registered a Gross Written Premium (GWP) of Rs 1,684 crore in Q3FY23 as against Rs 1,438 crore in Q3FY22 increase of 17%. PAT (under Ind AS) for Q3FY23 is Rs 35 crore as against Rs 16 crore in the corresponding quarter of the previous year. CMSGICL registered a Gross Written Premium (GWP) of Rs 4,602 crore during 9MFY23 as against Rs 3,738 crore in 9MFY22. PAT (under Ind AS) for 9MFY23 is Rs 95 crore as against Rs 84 crore in the corresponding period of the previous year. Cholamandalam MS Risk Services Ltd., a Joint Venture Company, in which the Company holds a 49.5% stake, registered a total income of Rs 15.90 crore for Q3FY23 as against Rs 16.51 crore in the corresponding quarter of the previous year, registering a de-growth of 4%. PAT for Q3FY23 is Rs 1.29 crore as against Rs 2.24 crore in the corresponding quarter of the previous year. The total income for 9MFY23 is Rs 47.23 crore as against Rs 41.02 crore in 9MFY22, registering a growth of 15%. PAT for the nine months period ended December 31, 2022 is Rs 4.13 crore as against Rs 3.75 crore in the corresponding period of the previous year. Standalone Q3FY23 & 9MFY23: The total income for Q3FY23 is Rs 2.29 crore as against Rs 2.27 crore in Q3FY22. PAT for the quarter ended December 31, 2022 is Rs 0.03 crore as against loss of Rs 1.28 crore in the corresponding quarter of the previous year. The total income for 9MFY23 is Rs 32.91 crore as against Rs 32.66 crore in the corresponding period of the previous year. PAT for the nine months period ended December 31, 2022 is Rs 22 crore as against Rs 19.21 crore in the corresponding period of the previous year. Result PDF