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Cholamandalam Investment & Finance Company Ltd Q4FY24; 24% 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 Q4FY24 of ₹5,420.00 Crores up from ₹3,701.00 Crore year on year, a rise of 46.45%.

Total Expenses for Q4FY24 of ₹4,055.00 Crores up from ₹2,635.00 Crores year on year, a rise of 53.89%.

Consolidated Net Profit of ₹1,058.00 Crores up 24.03% from ₹853.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.60, up 21.39% from ₹10.38 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: Home loan
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