Cholamandalam Investment and Finance Co. Ltd. (CIFCL) total disbursements grew 33% year-on-year to ₹88,300 crore for FY24.
Vehicle finance enterprise elevated by 21% to ₹48,200 crore and loans towards property by 44% to ₹13,400 crore.
Disbursements in home-loan enterprise rose 64% to ₹6,300 crore, whereas Micro Small and Medium Enterprise Loans enterprise by 27% to ₹8,100 crore.
Consumer and Small Enterprise loans enterprise registered 63% growth at ₹11,200 crore, whereas Secured Business and Personal Loans enterprise grew 138% to ₹1,074 crore.
CIFCL Asset beneath Management grew round 35% to ₹1,53,000 crore.
As of March, CIFCL continues to carry a powerful liquidity place of ₹8,100 crore in money steadiness.
The monetary arm of Murugappa group stated in a regulatory submitting that these are provisional figures and are topic to audit by Joint Statutory auditors of the corporate.
Cholamandalam MS General Insurance Co. Ltd. ended FY24 with a growth of twenty-two% in its gross written premium over the 12 months in the past interval to ₹7,500 crore.
