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Cholamandalam Finance
AUM Growth Seen At 25%-30%, Asset Quality To Improve In 2nd Half Of FY25, Says Chola Finance CFO
"AUM growth would be in the range of around 25% to 30%, provided that the monsoon comes in you know as expected or as predicted," said Arul Selvan.
Ending FY24 On A High, Chola Finance CFO Expects 20-25% Growth In FY25
After Strong Q3, Chola Finance CFO Confident Of Ending FY24 On A High
AUM Growth Seen At 25%-30%, Asset Quality To Improve In 2nd Half Of FY25, Says Chola Finance CFO
Ending FY24 On A High, Chola Finance CFO Expects 20-25% Growth In FY25
After Strong Q3, Chola Finance CFO Confident Of Ending FY24 On A High
After Robust Growth In H1, Cholamandalam Investment Confident Of Strong Performance In H2, Says CFO
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Talking about the company's outlook going forward, the company's CFO Arul Selvan said that, Q3 and Q4 may not have similarly high numbers because of the higher base but for the full year he expects the growth to be anywhere between 25% to 30%.
Exclusive: Chola Finance CFO Bets On Stronger Second Half After Possibly Slow Q2
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Cholamandalam Investment Finance posted its earnings for the quarter ended June last week. The non-banking finance company's profits for the quarter went up 28% year-over-year to ₹726 crore. The company's assets under management also rose 42% YoY to ₹1.22 lakh crore.