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Cholamandalam Investment & Finance Company Ltd Q1FY24; 26% 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 Q1FY24 of ₹4,082.00 Crores up from ₹2,770.00 Crore year on year, a rise of 47.36%.

Total Expenses for Q1FY24 of ₹3,219.00 Crores up from ₹2,037.00 Crores year on year, a rise of 58.03%.

Consolidated Net Profit of ₹710.00 Crores up 26.33% from ₹562.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.64, up 26.32% from ₹6.84 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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