Stock Report

Cholamandalam Investment and Finance Company Q3 net profit higher at Rs. 163.38 crores



Posted On : 2017-01-27 09:53:27( TIMEZONE : IST )

Cholamandalam Investment and Finance Company Q3 net profit higher at Rs. 163.38 crores

Cholamandalam Investment and Finance Company Ltd has announced the financial results for the quarter ended December 31, 2016.

The Company has posted a net profit of Rs. 1625.20 million for the quarter ended December 31, 2016 as compared to Rs. 1457.00 million for the quarter ended December 31, 2015. Total Income has increased from Rs. 10539.00 million for the quarter ended December 31, 2015 to Rs. 11757.60 million for the quarter ended December 31, 2016.

The Group has posted consolidated net profit after tax, minority interest and share of profit of associates of Rs. 1633.80 million for the quarter ended December 31, 2016 as compared to Rs. 1480.30 million for the quarter ended December 31, 2015. Total Income has increased from Rs. 10600.90 million for the quarter ended December 31, 2015 to Rs. 11844.40 million for the quarter ended December 31, 2016.

Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs.1045.35 as compared to the previous close of Rs. 1045.8. The total number of shares traded during the day was 13667 in over 1100 trades.

The stock hit an intraday high of Rs. 1067.85 and intraday low of 1034.8. The net turnover during the day was Rs. 14372918.

Source : Equity Bulls

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