Cholamandalam Investment and Finance Company Wednesday said its net profit grew by 30 percent at Rs.91 crore during the first quarter of the current fiscal from Rs.70 crore posted during corresponding period of the previous year.
The income of the non-banking finance company (NBFC) rose 37 percent to Rs.762 crore from Rs.558 crore during the like period of the previous fiscal.
The aggregate disbursements of the company for the quarter are Rs.3,279 crore as against Rs.2,535 crore in the first quarter of fiscal 2012-13, registering a growth of 29 percent.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app