Below are the financial statements of Chola, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Revenue from operations | — | — |
| Interest income | 176,271.1a | 120,825.8a |
| Fee & commission income | 13,421.2a | 6,507a |
| Net gain on fair value change on financial instrument | 1,459.8a | 697.3a |
| Sale of services | 244.1a | 810.9a |
| Total revenue from operations (I) | 191,396.2a | 128,841a |
| Other income (II) | 2,802.5a | 2,214.9a |
| Total income (III) = (I) + (II) | 194,198.7a | 131,055.9a |
| Expenses | — | — |
| Finance costs | -92,307.5a | -57,480.3a |
| Impairment of financial instruments | -13,176a | -8,497.1a |
| Employee benefits expense | -24,786a | -13,603.7a |
| Depreciation and amortisation expense | -1,980.6a | -1,210.9a |
| Other expenses | -15,895.5a | -14,118a |
| Total expenses (IV) | -148,145.6a | -94,910a |
| Profit before tax (V) = (III) - (IV) | 46,053.1a | 36,145.9a |
| Tax expense/(benefit) | — | — |
| Current tax | — | — |
| Pertaining to profit for the current year | -12,350.2a | -8,855.5a |
| Adjustment of tax relating to earlier year | -135.1a | -2.1a |
| Deferred tax | -269.4a | -521.6a |
| Net tax expense (VI) | -11,945.7a | -9,379.2a |
| Profit for the year - A = (V) - (VI) | 34,107.4a | 26,766.7a |
| Share of profit/(loss) from associates (net of tax) | -29.7a | -28.2a |
| Share of profit/(loss) from joint venture (net of tax) | 122.9a | -90a |
| Profit for the year | 34,200.6a | 26,648.5a |
| Profit for the year attributable to | — | — |
| Equity holders of the parent company | 34,200.6a | 26,648.5a |
| Non-controlling interest | 0a | 0a |
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