Cholamandalam Investment & Finance Company standalone net profit rises 470.11% in the March 2021 quarter

Sales rise 14.40% to Rs 2461.15 crore

Net profit of Cholamandalam Investment & Finance Company rose 470.11% to Rs 243.21 crore in the quarter ended March 2021 as against Rs 42.66 crore during the previous quarter ended March 2020. Sales rose 14.40% to Rs 2461.15 crore in the quarter ended March 2021 as against Rs 2151.33 crore during the previous quarter ended March 2020.

For the full year,net profit rose 43.95% to Rs 1514.91 crore in the year ended March 2021 as against Rs 1052.37 crore during the previous year ended March 2020. Sales rose 9.98% to Rs 9516.01 crore in the year ended March 2021 as against Rs 8652.63 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2461.152151.33 14 9516.018652.63 10 OPM %59.6756.70 -70.5072.64 - PBDT349.1283.96 316 2136.741693.27 26 PBT324.3957.32 466 2038.441585.73 29 NP243.2142.66 470 1514.911052.37 44

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