News ArticleCholamandalam Investment and Finance Posts Rs. 3,283.66 Crore Profit After Tax for H1 FY2026-27, Plans Rs. 5,000 Crore QIP
Company reports audited standalone and consolidated results for quarter and half year ended 30 September 2026 and proposes qualified institutions placement to raise funds
Cholamandalam Investment and Finance Company Limited announced its audited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, alongside plans to raise up to Rs. 5,000 crores through a Qualified Institutions Placement (QIP). The company posted total income of Rs. 18,299.83 crore and a profit after tax of Rs. 3,283.66 crore for the half year. The proposed QIP aims to issue equity shares and convertible securities in one or more tranches subject to approvals.
Cholamandalam Investment and Finance Company Limited
Financial Results
Cholamandalam Investment and Finance Company Limited reported its audited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, registering a profit after tax of Rs. 3,283.66 crore for the half year. The company also announced its plan to raise funds up to Rs. 5,000 crore via a Qualified Institutions Placement (QIP) through the issuance of equity shares and convertible securities.
The Board of Directors approved the audited financial results prepared and submitted per SEBI Listing Regulations. The half-year total income stood at Rs. 18,299.83 crore with expenses totaling Rs. 13,891.05 crore, leading to a profit before tax of Rs. 4,408.78 crore.
The company plans to issue equity shares and/or eligible convertible securities to Qualified Institutional Buyers for an aggregate amount not exceeding Rs. 5,000 crore in one or more tranches, subject to regulatory and shareholder approvals.
In alignment with this capital raising, a postal ballot notice will be issued to shareholders seeking approval as per Companies Act provisions and SEBI regulations.
Comprehensive disclosures accompanying the results include audit reports from joint statutory auditors and details relating to security cover for listed non-convertible debt securities.
Highlights
- Audited standalone and consolidated results approved for quarter and half year ended 30 September 2026.
- Profit after tax for half year ended 30 September 2026: Rs. 3,283.66 crore.
- Qualified Institutions Placement planned to raise up to Rs. 5,000 crore.
- Equity shares and/or convertible securities issuance proposed via QIP.
- Postal ballot to be issued for shareholder approval of proposed fund raising.
- Results include detailed audit reports and disclosures as required by SEBI.
Key Data Snapshot
What happened
- Cholamandalam Investment and Finance approved audited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- The company declared a profit after tax of Rs. 3,283.66 crore for the half year period.
- A Qualified Institutions Placement (QIP) is proposed to raise up to Rs. 5,000 crore via equity shares and/or convertible securities.
- The Board authorized the issuance of a postal ballot notice to shareholders for approving the QIP as per regulatory requirements.
Key details
- Total income for the half year ended 30 September 2026 was Rs. 18,299.83 crore.
- Total expenses for the same period were Rs. 13,891.05 crore, resulting in a profit before tax of Rs. 4,408.78 crore.
- The QIP will be priced and executed according to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
- Issuance of securities may happen in one or more tranches based on company discretion and approvals.
Regulatory and governance context
- Results were prepared and released under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
- Joint Statutory Auditors B.K. Khare & Co. and KKC & Associates LLP issued audit reports for the results.
- Disclosures include independent auditor’s certification on security cover for listed non-convertible debt securities.
- Postal ballot issuance follows the provisions of Section 110 of the Companies Act, 2013 for shareholder approvals.
Highlights
- Audited standalone and consolidated results approved for quarter and half year ended 30 September 2026.
- Profit after tax for half year ended 30 September 2026: Rs. 3,283.66 crore.
- Qualified Institutions Placement planned to raise up to Rs. 5,000 crore.
- Equity shares and/or convertible securities issuance proposed via QIP.
- Postal ballot to be issued for shareholder approval of proposed fund raising.
- Results include detailed audit reports and disclosures as required by SEBI.
Disclosures
- Regulation 30, 33, 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Section 110 of the Companies Act, 2013
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