Stock Report

Cholamandalam Investment and Finance Company Ltd Q2 net profit jumps to Rs. 167.68 crores



Posted On : 2016-10-30 04:40:18( TIMEZONE : IST )

Cholamandalam Investment and Finance Company Ltd Q2 net profit jumps to Rs. 167.68 crores

Cholamandalam Investment and Finance Company Ltd has announced the financial results for the quarter ended September 30, 2016.

The Company has posted a net profit of Rs. 1709.40 million for the quarter ended September 30, 2016 as compared to Rs. 1204.70 million for the quarter ended September 30, 2015. Total Income has increased from Rs. 10174.50 million for the quarter ended September 30, 2015 to Rs. 11626.40 million for the quarter ended September 30, 2016.

The Group has posted consolidated net profit after minority interest of Rs. 1676.80 million for the quarter ended September 30, 2016 as compared to Rs. 1217.30 million for the quarter ended September 30, 2015. Total Income has increased from Rs. 10230.80 million for the quarter ended September 30, 2015 to Rs. 11728.10 million for the quarter ended September 30, 2016.

Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs.1180.35 as compared to the previous close of Rs. 1135.55. The total number of shares traded during the day was 11908 in over 1084 trades.

The stock hit an intraday high of Rs. 1196.4 and intraday low of 1138.1. The net turnover during the day was Rs. 13996153.

Source : Equity Bulls

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