Categories Earnings, Finance

Earnings |Cholamandalam Investment & Finance Company Ltd. (NSE:CHOLAFIN): Q3FY23 Results Out; Total Income rise 38% YoY

Cholamandalam Investment & Finance Company Ltd. (NSE:CHOLAFIN) is a financial services company that offers vehicle finance, home loans, business loans, and other financial products. The company is a subsidiary of Cholamandalam Financial Holdings Ltd.

Cholamandalam Investment & Finance Company Ltd reported its Q3FY23, the company has shown significant growth in its disbursements, with Rs 17,559 crore for the quarter (up 68%) and Rs 45,512 crore for YTD Dec 2022 (up 100% YoY). The total AUM (Assets Under Management) also increased by 31% YoY, reaching Rs 1,03,789 crore. Furthermore, the company’s net income margin increased to Rs 1,832 crore for the quarter (up 22% YoY) and Rs 5,169 crore for YTD Dec 2022 (up 21% YoY). The PAT (Profit After Tax) also grew to Rs 684 crore for the quarter (up 31%) and Rs 1,813 crore for YTD December 2022 (up 24% YoY).

The company reported total income of Rs. 3408.09 crore during the period ended December 31, 2022, compared to Rs. 3067.02 crore during the period ended September 30, 2022. The EPS (Earnings Per Share) increased from Rs. 6.84 for the period ended September 30, 2022, to Rs. 8.32 for the period ended December 31, 2022. Moreover, the company posted a net profit of Rs. 684.82 crore for the period ended December 31, 2022, compared to Rs. 562.82 crore for the period ended September 30, 2022, and Rs. 527.71 crores for the period ended December 31, 2021. The EPS also increased from Rs. 6.42 for the period ended December 31, 2021, to Rs. 8.32 for the period ended December 31, 2022.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top