Cholamandalam Investment Q4 PAT rises 14% to Rs 220 cr

Cholamandalam Investment and Finance today reported a 14 per cent increase in profit after tax to Rs 220 crore for the March quarter.

The company had reported a profit after tax (PAT) of Rs 192 crore in the same period last year.

For the full year (2016-17), PAT stood at Rs 719 crore, up 26 per cent over Rs 568 crore posted last year, the company said in a statement.

Chola's Net Income Margin (NIM) is 9.3 per cent for the quarter, compared to 9.4 per cent in the same quarter last year.