Cholamandalam Financial Holdings reports 2-fold jump in Q4 consolidated net profit

15 May 2021 Evaluate

Cholamandalam Financial Holdings has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a rise of 26.06% in its net profit at Rs 31.97 crore for the quarter under review as compared to Rs 25.36 crore for the same quarter in the previous year. Total income of the company increased by 77.04% at Rs 50.74 crore for Q4FY21 as compared Rs 28.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributed to the owners at Rs 83.94 crore for the quarter under review as compared to Rs 39.91 crore for the same quarter in the previous year. Total income of the company increased by 7.18% at Rs 3522.75 crore for Q4FY21 as compared Rs 3286.82 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported 73.95% fall in its net profit at Rs 21.71 crore as compared to Rs 83.33 crore for the previous year. Total income of the company decreased by 36.04% at Rs 58.14 crore for year under review as compared to Rs 90.90 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 49.70% in its net profit attributed to the owners at Rs 824.64 crore as compared to Rs 550.85 crore for the previous year. Total income of the company increased by 5.86% at Rs 13904.90 crore for year under review as compared to Rs 13135.73 crore for year ended March 31, 2020.

Cholamandalam Fin. Share Price

1715.00 35.70 (2.13%)
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