google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
Hollywood News

Cholamandalam Investment and Finance Q4 profit jumps 31% to ₹1,645 crore

New Delhi: Cholamandalam Investment and Finance Corporation on Thursday reported a 31 per cent rise in consolidated net profit. 1,645 crore for the fourth quarter ending March 2026.

The company, the financial services arm of diversified conglomerate Murugappa Group, has posted consolidated profits so far: 1,260 crore in the corresponding quarter of the last financial year.

Total revenue in the last March quarter rose to Rs 8,564 crore. 7,137 crore in the same period of the previous financial year, Cholamandalam Investment and Finance Corporation said in a regulatory filing.

Interest income also increased 7,613 crore during the period under review. 6,424 crore in the corresponding quarter a year ago.

Total expenses increased during the quarter compared to 6,422 crore 5,439 crore in the same quarter last year.

For the full fiscal year ending March 31, 2026, the company reported a 23 percent increase in net profit. 5,233 crore 4,263 crore in FY25.

Total revenue increased 31,539 crore in FY26 26,153 crore in the previous financial year.

The company’s board of directors recommended a final dividend of Re0.70 (or 35 per cent) per share. 2 each for the year ending March 31, 2026, subject to shareholder approval.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button