Cholamandalam Investment and Finance Company announced a sharp rise in consolidated net profit for the quarter ended June 2016. During the quarter, the profit of the company rose 50.50% to Rs 1,672.00 million from Rs 1,111.00 million in the same quarter last year.
Revenues for the quarter rose 12.55% to Rs 11,148.10 million, compared with Rs 9,905 million for the prior year period.
Operating margin for the quarter stood at 235.90 percent as compared to 178.77 percent for the previous year period. Operating Income for the quarter was Rs 26,298.00 million, compared with Rs 17706 million in the previous year period.
Earnings per share for the quarter stood at Rs 10.70, registering 41.35% growth over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Jun - 16 | Jun - 15 | %Change |
Revenues | 11,148.10 | 9,904.60 | 12.55 |
Net Profit | 1,672.00 | 1,111.00 | 50.50 |
Diluted EPS | 10.70 | 7.57 | 41.35 |
Shares of the company gained Rs 8.1, or 0.75%, to trade at Rs 1,092.00. The total volume of shares traded was 42,373 at the BSE (4.01 p.m., Friday).