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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.


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