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Cholamandalam Investment & Finance Company Ltd Q3FY24; 27% rise in Profits

Cholamandalam Investment & Finance Company is one of the premier diversified non-banking finance companies in India, engaged in providing vehicle finance, home loans and Loan against property.

Financial Results:

Cholamandalam Investment & Finance Company Ltd reported Revenues for Q3FY24 of ₹5,007.00 Crores up from ₹3,356.00 Crore year on year, a rise of 49.2%.

Total Expenses for Q3FY24 of ₹3,899.00 Crores up from ₹2,485.00 Crores year on year, a rise of 56.9%.

Consolidated Net Profit of ₹872.00 Crores up 27.3% from ₹685.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.39, up 24.73% from ₹8.33 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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