Enter a Better Life Financial Performance

Chola Sector outlook Enter a better life Sector Outlook - Vehicle Finance business (2/3) murugappa Chola's Position ☐ The Passenger vehicle (Car & MUV) segment had a growth of 5% in Q2 FY'24 and 7% in H1 FY'24 with an all-time high sales in H1 of any previous year. This segment is witnessing healthy demand. We will continue to focus in this segment in line with market demand especially in smaller towns and rural areas. Band 2 % in. The compar The Two-wheeler industry had a de-growth of 2% in Q2 FY'24 & a growth of 4% in H1 FY'24. This segment is expected to grow with the festive season coming in. The company intends to drive two-wheeler financing through quality underwriting and clear portfolio. BETTER NATION Used vehicle business has contributed to 33% of our disbursement volumes and this segment will continue to grow with the increased prices of new vehicles. We will continue to be a key financier in this segment with a watch on portfolio quality driven by focussed collection effort. 34

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