Cholamandalam Investment and Finance Company Ltd. (CIFCL), a prominent player in India’s non-banking financial services sector, posted a robust 21% year-on-year increase in net profit for the first quarter of FY26. The growth was underpinned by a healthy rise in disbursements, steady asset quality, and expanding customer base across both urban and rural markets. The company’s continued focus on retail lending, digital transformation, and prudent risk management has enabled it to capitalize on the post-pandemic credit demand resurgence, despite macroeconomic headwinds.