Cholamandalam Financial Holdings Ltd.’s (CFHL) consolidated net revenue for the quarter ended March rose 27% YoY to ₹1,144 crore.
Revenue from operations elevated to ₹7,083 crore from ₹5,186 crore, of which the monetary phase accounted for ₹5,428 crore and insurance coverage phase for ₹1,751 crore, the core funding firm of the Murugappa Group stated in an announcement.
Cholamandalam Investment & Finance Co. Ltd. disbursed ₹24,784 crore in opposition to ₹21,020 crore with a 24% enhance in net revenue to ₹1,058 crore. Assets below administration grew by 36% to ₹1,53,718 crore.
Cholamandalam MS General Insurance Co. Ltd. registered a gross written premium of ₹2,000 crore in opposition to ₹1,805 crore. Net revenue grew 51% to ₹95 crore totally on account of change in truthful worth of fairness devices. The firm had an funding guide of ₹16,538 crore.
Cholamandalam MS Risk Services Ltd. registered a complete earnings of ₹21 crore in opposition to ₹18 crore, whereas net revenue marginally rose to ₹3.75 crore (₹2.69 crore).
The board declared a ultimate dividend of 55 paise per share, which shall be paid by September 7.
