Investor Presentaiton

Chola Sector outlook Enter a better life Sector Outlook - Vehicle Finance business (1/3) * murugappa The Light commercial vehicle segment had a growth of 6% in Q3 FY'24 & 4% as of YTD Dec' 23 which is an all-time high sales for the period when compared to any previous year. The segment is expected to be muted in the coming quarter. Chola's Position We will continue our focus in this segment in line with rural demand and industry growth. BETTER LIVES The Small commercial vehicle segment had a de- growth of 2% in Q3 FY'24 & 10% de-growth as of YTD Dec 23. Similar trends are expected in coming months. ■ We will continue our focus with a cautious approach to financing, based on vehicle viability and earning capacity. Ba NATION The Heavy commercial vehicle segment had a growth of 4% in Q3 FY'24 & 8% as of YTD Dec'23. which is an all-time high sales for the period when compared to any previous year. This segment might witness flat demand in Q4 FY'24 with the upcoming general elections. Our exposure in this segment is 7% at a portfolio level. We will continue to keep a close watch on this segment and tread carefully due to inflationary concerns and higher fuel prices. 33

View entire presentation