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Cholamandalam Investment net profit rises 41% to Rs 432 crore in Q2

The diversified financial services firm had over 95% of the moratorium customers starting to repay their installments till date

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T E Narasimhan
Cholamandalam Investment and Finance reported a 41 per cent rise in profit after tax to Rs 432 crore for the September 2020 quarter, on improvement in net income margin and lower operational expenses.

The diversified financial services firm had over 95%  of  the  moratorium  customers  starting  to  repay  their  installments till  date, it said.