Chola Sales Leap |best| Review
Chola Sales Leap: Conglomerate Reports Unexpected Double-Digit Surge in Q3 Earnings
- Disbursement Surge: The company aggregate disbursements for Q4 FY24 stood at ₹25,324 Crore, a significant increase compared to ₹18,157 Crore in the corresponding quarter of the previous year, marking a growth of approximately 39%.
- Asset Under Management (AUM): The gross AUM grew by 26% year-on-year, standing at ₹1,71,696 Crore as of March 31, 2024, up from ₹1,36,315 Crore in the previous year.
- Net Profit: Chola reported a 26% rise in consolidated net profit for the March quarter, reaching ₹1,157 Crore, driven by robust core income and improved asset quality metrics.
Review: “Chola Sales Leap”
: Focuses on personal and business loans for salaried and self-employed professionals through partnerships, FinTechs, and a traditional Direct Sales Agent (DSA) model.
Creative brief (for agency)