Cholamandalam Financial Holdings standalone net profit rises 26.06% in the March 2021 quarter

Sales rise 77.03% to Rs 50.70 crore

Net profit of Cholamandalam Financial Holdings rose 26.06% to Rs 31.97 crore in the quarter ended March 2021 as against Rs 25.36 crore during the previous quarter ended March 2020. Sales rose 77.03% to Rs 50.70 crore in the quarter ended March 2021 as against Rs 28.64 crore during the previous quarter ended March 2020.

For the full year,net profit declined 73.95% to Rs 21.71 crore in the year ended March 2021 as against Rs 83.33 crore during the previous year ended March 2020. Sales declined 36.12% to Rs 58.05 crore in the year ended March 2021 as against Rs 90.88 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales50.7028.64 77 58.0590.88 -36 OPM %97.7596.47 -95.5797.27 - PBDT44.1626.17 69 33.9186.94 -61 PBT44.1626.16 69 33.9086.93 -61 NP31.9725.36 26 21.7183.33 -74

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