Chola MS PAT declines by 28.3% in Q2 FY26
Cholamandalam MS General Insurance reported a 28.3% drop in Profit after Tax to Rs 91 crore for the quarter ended September 30, 2025, despite a marginal 1.3% increase in Gross Written Premium. The company cited higher provisioning of Rs 88 crore for motor third-party claims due to rising award values as a contributing factor to the profit dip.
Cholamandalam MS General Insurance reported a 28.3% drop in Profit after Tax to Rs 91 crore for the quarter ended September 30, 2025, despite a marginal 1.3% increase in Gross Written Premium. The company cited higher provisioning of Rs 88 crore for motor third-party claims due to rising award values as a contributing factor to the profit dip. What's Your Reaction?
