Chola Financial posts 6% increase in Q3 profit Updated: Updated: Total income climbs 7% to ₹3,645 cr. Share Article Total income climbs 7% to ₹3,645 cr. Cholamandalam Financial Holdings Ltd. (CFHL) reported a 6% increase in its consolidated net profit for the third quarter ended December to ₹455 crore. Total income rose 7% to ₹3,645 crore. However, on a standalone basis, CFHL reported a loss of ₹3.48 crore compared with a net profit of ₹39.36 crore a year earlier due to interest costs recognised on the borrowing made for ‘equity investment in a subsidiary company’, it said in a regulatory filing. Cholamandalam Investment & Finance Co. Ltd. disbursed ₹7,926 crore compared with ₹7,475 crore and posted a net profit of ₹409 crore (₹389 crore). Assets under management grew 15% to ₹75,813 crore.