Cholamandalam Financial Holdings announced Q1FY23 Result: Consolidated Profit After Tax (Pat) for Q1 FY23 - Rs.582 Cr For the quarter ended June 30, 2022, the Company has achieved consolidated PAT of Rs.582 Cr as against Rs.357 Cr in the corresponding quarter of the previous year, registering a growth of 63% Total income for the quarter ended June 30, 2022 is Rs.3,963 Cr as against Rs.3,603 Cr in the corresponding quarter ofthe previous year, registering a growth of 10%. Cholamandalam Investment & Finance Company Ltd (CIFCL), in which the Company holds about 45.4% stake, disbursed Rs.13,329 Cr in Q1 FY23 as against Rs.3,635 Cr in Q1 FY22, registering a growth of 267%. Q1 FY22, was impacted by Covid 2nd wave, resulting in lower disbursements and profitability. PAT for the quarter ended June 30, 2022 is Rs.566 Cr compared to Rs.327 Cr in the corresponding quarter of the previous year, registering a growth of 73%. Assets under management grew by 14% to Rs. 86,703 Cr as at June 30, 2022 as compared to Rs.75,763 Cr as at June 30, 2021. Result PDF