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Cholamandalam Financial Holdings Ltd Q1FY24; 36% rise in Profits

Cholamandalam Financial Holdings Limited (CFHL) is a part of the Murugappa Group. The Co. is a Core Investment Company registered with the RBI, offering a diverse range of financial products and risk management services to individual and corporate customers through its group companies.

Financial Results:

Cholamandalam Financial Holdings Ltd reported Revenues for Q1FY24 of ₹5,626.00 Crores up from ₹3,937.00 Crore year on year, a rise of 42.9%.

Total Expenses for Q1FY24 of ₹4,653.00 Crores up from ₹3,177.00 Crores year on year, a rise of 46.46%.

Consolidated Net Profit of ₹792.00 Crores up 36.08% from ₹582.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹19.78, up 38.81% from ₹14.25 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.

Tags: NBFC
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