Chola Finance net profit up 14% to Rs 221 cr

Total income from operations stood at Rs 1,222 cr

Premium

BS Reporter Chennai

Last Updated : Apr 28 2017 | 8:31 PM IST

Cholamandalam Investment and Finance Company Ltd has posted a growth of 13.8 per cent in net profit at Rs 220.53 crore during the quarter the ended in March this year as compared to Rs 193.79 crore in the same quarter last year.

The total income from operations stood at Rs 1,222.34 crore as against Rs 1141.24 crore in the corresponding period in FY16, thereby, registering an increase of 7.1 per cent.

The company has over 700 branches across India with assets under management above Rs 35,000 crore.

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in