Cholamandalam Investment and Finance Company announced a steady growth in consolidated net profit for the quarter ended December 2016. During the quarter, the profit of the company rose 10.37% to Rs 1,633.80 million from Rs 1,480.30 million in the same quarter last year.
Revenues for the quarter rose 11.73% to Rs 11,844.40 million, compared with Rs 10,601 million for the prior year period.
Operating margin for the quarter stood at 22.14 percent as compared to 21.60 percent for the previous year period. Operating Income for the quarter was Rs 2,621.80 million, compared with Rs 2289.9 million in the previous year period.
Earnings per share for the quarter stood at Rs 10.45, registering 10.35% growth over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Dec - 16 | Dec - 15 | %Change |
Revenues | 11,844.40 | 10,600.90 | 11.73 |
Net Profit | 1,633.80 | 1,480.30 | 10.37 |
Diluted EPS | 10.45 | 9.47 | 10.35 |
Shares of the company gained Rs 7.85, or 0.75%, to trade at Rs 1,053.65. The total volume of shares traded was 5,706 at the BSE (11.38 a.m., Friday).