Investor Presentaiton
Chola Sector outlook
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Vehicle Finance business (3/3)
murugappa
Sector Outlook
The Construction Equipment segment had a growth
of 36% in Q3 FY'24 and 27% as of YTD Dec'23. This is
an all-time high number compared to any previous
year. The growth may however moderate in the
coming year considering a high base.
Chola's Position
Our exposure in this segment is around 7% at a
portfolio level. We will continue to build a quality
book from this segment.
LIVES
The Tractor industry had a de-growth of 5% in Q3
FY'24 & 4% as of YTD Dec 23 due to high base effect
of previous year. The growth is expected to be
muted for some time.
We will keep a close watch on this segment
considering various external factors like uneven
rainfall, crop loss and irregular farm cash flows.
NATION
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