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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.

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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.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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