Finance company Cholamandalam Investment & Finance Company announced Q2FY25 & H1FY25 results Financial Highlights: Aggregate disbursements in Q2FY25 were at Rs 24,314 crore as against Rs 21,542 crore in Q2FY24 registering a growth of 13%. Disbursements in H1FY25 were at Rs 48,646 crore as against Rs 41,557 crore registering a growth of 17% on YoY basis. Vehicle Finance (VF) disbursements were at Rs 12,336 crore in Q2FY25 as against Rs 11,731 crore in Q2 FY24, registering a growth of 5%. Disbursements in H1FY25, were at Rs 25,102 crore as against Rs 23,032 crore in the previous year, registering a growth of 9% YoY. Loan Against Property (LAP) business disbursed Rs 4,295 crore in Q2FY25, as against Rs 3,192 crore in Q2 FY24, registering a growth rate of 35%. Disbursements in H1FY25, were at Rs 8,170 crore as against Rs 5,872 crore in the previous year, registering a growth of 39% YoY. Home Loan business disbursed Rs 1,823 crore in Q2FY25, as against Rs 1,575 crore in Q2 FY24 registering a growth of 16%. The Disbursements in H1FY25 were at Rs 3,601 crore as against Rs 3,029 crore in the previous year, registering a growth of 19% YoY. Small and Medium Enterprises Loan (SME) business disbursed Rs 1,959 crore in Q2FY25, as against Rs 1,945 crore in Q2 FY24 registering a growth of 1%. The disbursements in H1FY25 were at Rs 4,119 crore, registering 3% growth over Rs 3,990 crore in H1FY24. Consumer and Small Enterprise Loans (CSEL) disbursed Rs 3,588 crore in Q2FY25, as against Rs 2,853 crore in Q2 FY24 registering a growth of 26%. The disbursements in H1FY25 were at Rs 7,075 crore, registering 36% growth over Rs 5,207 crore in H1FY24. Secured Business and Personal Loan (SBPL) disbursed Rs 312 crore in Q2FY25, as against Rs 246 crore in Q2 FY24 registering a growth of 27%. The disbursements in H1FY25 were at Rs 580 crore, registering 36% growth over Rs 428 crore in H1FY24. Assets under management as of Q2FY25, stood at Rs 1,77,426 crore as compared to Rs 1,33,775 crore as of Q2FY24, clocking a growth of 33% YoY. PBT Growth in Q2 was at 27% and for H1 was at 29%. PBT-ROA for Q2FY25 was at 3% and for the half year was at 3.1%. ROE for Q2FY25 was at 18.24%. and for the half year was at 18.55%. The Company continues to hold a strong liquidity position with Rs 13,864 crore as cash balance as at end of Sep'2024 (including Rs 2,563.25 crs invested in G-sec / Rs 2,106.22 cr invested T-bill & Rs 623.85 crs invested in Strips shown under investments), with a total liquidity position of Rs 14,404 crore (including undrawn sanctioned lines). The ALM is comfortable with no negative cumulative mismatches across all time buckets as per Regulatory norms. Consolidated Profit Before Tax (PBT) for Q2FY25 was at Rs 1,304 crore as against Rs 1,065 crore in Q2FY24 registering a growth of 22% and for H1FY25 was at Rs 2,579 crore as against Rs 2,021 crore in H1FY24 registering a growth of 28%. Asset Quality: Stage 3 levels representing 90+ dues increased to 2.83% as of September 24 from 2.62% as of the end of June 24. GNPA % as per RBI norms increased to 3.78% as of September 24 as against 3.62% on June 24. NNPA as per RBI norms has also increased to 2.48% as of September 24 against 2.37% on June 24. NNPA is below the threshold of 6% prescribed by RBI as the threshold for PCA. Result PDF