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Cholamandalam Investment and Finance Company Ltd (CIFCL), part of Murugappa Group, has reported a five per cent increase in net profit at Rs 409 crore during the quarter ended December 2020, as compared to Rs 389 crore, a year ago.
During the third quarter of 2020-21, disbursements rose by six per cent to Rs 7,926 crore from Rs 7,475 crore the previous year, while AUM rose by 16 per cent to Rs 75,813 crore from Rs 65,992 crore
Net NPA without Supreme Court's dispensation stood at Rs 1,404 crore vs Rs 937.9 crore, In Compliance with Supreme Court Order, while Gross NPA
