Stock Report

Cholamandalam Investment and Finance Company Ltd FY18 PAT soars to Rs. 973.80 crores



Posted On : 2018-04-23 18:11:09( TIMEZONE : IST )

Cholamandalam Investment and Finance Company Ltd has reported financial results for the period ended March 31, 2018.

The company has reported net sales of Rs.1537 crores during the period ended March 31, 2018 as compared to Rs.1224.49 crores during the period ended March 31, 2017.

The company has posted net profit of Rs.289.09 crores for the period ended March 31, 2018 as against Rs.220.53 crores for the period ended March 31, 2017.

The company has reported EPS of Rs.18.51 for the period ended March 31, 2018 as compared to Rs.14.15 for the period ended March 31, 2017.

The company has reported net sales of Rs.5501.26 crores during the 12 months period ended March 31, 2018 as compared to Rs.4696.84 crores during the 12 months period ended March 31, 2017.

The company has posted net profit of Rs.973.80 crores for the 12 months period ended March 31, 2018 as against Rs.717.92 crores for the 12 months period ended March 31, 2017.

The company has reported EPS of Rs.62.35 for the 12 months period ended March 31, 2018 as compared to Rs.46.03 for the 12 months period ended March 31, 2017.

The Capital Adequacy Ratio (CAR) of the company as on 31st March 2018, was at 18.4% (Tier I - 13.3% and Tier II - 5.1%) as against the regulatory requirement of 15%.

Aggregate disbursements for the year are closed at ₹ 25,114 Cr with a growth of 35%, led by stellar performance in Vehicle Finance business division, registering a 42%  growth over FY17.

Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs.1663.45 as compared to the previous close of Rs. 1566.85. The total number of shares traded during the day was 58132 in over 3742 trades.

The stock hit an intraday high of Rs. 1714.85 and intraday low of 1548.8. The net turnover during the day was Rs. 95857112.

Source : Equity Bulls

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