Breaking News

You are here » Indian-Commodity  :  Investment  :  Cholamandalam Investment and Finance Company reports 39% rise in Q3 net profit

31-Jan2019

Cholamandalam Investment and Finance Company reports 39% rise in Q3 net profit

Cholamandalam Investment and Finance Company has reported results for third quarter ended December 31, 2018.

The company has reported 38.71% rise in its net profit at Rs 304.37 crore for the quarter under review as compared to Rs 219.43 crore for the same quarter in the previous year. Total income of the company increased by 31.76% at Rs 1,830.80 crore for Q3FY19 as compared Rs 1,389.46 crore for the corresponding quarter previous year.

Cholamandalam Investment and Finance Company is among the top 5 NBFC's in the country operating in vehicle finance, home equity, corporate and mortgage finance segments with subsidiaries in the broking and wealth advisory space.


Related News

View all news

Asian Granito forays into Sanitaryware segment

Asian Granito India has ventured into Sanitaryware segment, with an aim to provide 'Complete Bathroom Solutions' under one roof. The company is entering the Sanitaryware segment with 160 SKUs in products......

Borosil Glass Works makes additional investment in subsidiary company

Borosil Glass Works has made an additional investment of Rs 5 crore by way of subscription towards the first and second call in the rights issue of partly paid up equity shares of Klass Pack, a subsidiary......

Talwalkars forays into healthy eating space in India

Talwalkars Better Value Fitness (TBVFL) has launched Shedeat.com, an integrated marketplace for healthy eating. The website is currently on a beta run and is expected to be launched on May 15, 2019. ShedEat,......

Top News

View all news

Lupin seeks more time from commerce ministry to complete project in Indore SEZ

Lupin has sought more time from the commerce ministry to complete its project, with proposed investment of Rs 205.69 crore, in the Indore Special Economic Zone (SEZ). The company is setting up its pharma......

Tata Sponge Iron to shift its registered office to Kolkata

Tata Sponge Iron has decided to shift its registered office from Keonjhar in Odisha to Kolkata, subject to the approval of the members of the company and other regulatory authorities. The company has also......

GVK Power's arms ink pact with ADIA, NIIF

GVK Power and Infrastructure's subsidiaries -- GVK Airports Developer (GVKADL) and GVK Airport Holdings (GVKAHL) have signed a term sheet and exclusivity agreement with Abu Dhabi Investment Authority (ADIA)......