Cholamandalam DBS Finance today said its consolidated net profit declined by 43 per cent to Rs 39.55 crore for the quarter ended March 31, 2010, over the same period last year.
Income from operations declined to Rs 228.48 crore for the quarter ended March 31, from Rs 236.53 crore in the same period last fiscal, Cholamandalam DBS Finance said in a filing to the Bombay Stock Exchange.
The board has proposed a dividend of Rs 1 per share to the shareholders of the company for the year ended March 31, 2010.
For the year ended March 2010, the company has posted a net profit of Rs 52.77 crore, while it had a net loss of Rs 18.82 crore in the same period last year.
