Cholamandalam Investment & Finance Company consolidated net profit rises 477.46% in the March 2021 quarter

Sales rise 14.50% to Rs 2479.37 crore

Net profit of Cholamandalam Investment & Finance Company rose 477.46% to Rs 245.13 crore in the quarter ended March 2021 as against Rs 42.45 crore during the previous quarter ended March 2020. Sales rose 14.50% to Rs 2479.37 crore in the quarter ended March 2021 as against Rs 2165.45 crore during the previous quarter ended March 2020.

For the full year,net profit rose 44.33% to Rs 1520.86 crore in the year ended March 2021 as against Rs 1053.72 crore during the previous year ended March 2020. Sales rose 9.96% to Rs 9579.40 crore in the year ended March 2021 as against Rs 8712.01 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2479.372165.45 14 9579.408712.01 10 OPM %59.3756.36 -70.1672.20 - PBDT352.8985.03 315 2149.671699.05 27 PBT327.1157.24 471 2047.371587.80 29 NP245.1342.45 477 1520.861053.72 44

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