Cholamandalam Financial Holdings Ltd., reported consolidated Q3 net profit rose 43% to ₹1,027 crore.
Total income grew 43% to ₹6,842 crore, the core investment company of the Murugappa group said in a statement.
Cholamandalam Investment & Finance Co. Ltd., disbursed ₹22,383 crore against ₹17,559 crore and net profit grew 28% to ₹876 crore. Assets under management grew by 36% to ₹1,41,143 crore.
Cholamandalam MS General Insurance Co. Ltd., registered a Gross Written Premium (GWP) of ₹1,827 crore against ₹1,684 crore. Net profit rose 340% to ₹154 crore primarily on account of change in fair value of equity instruments.
Cholamandalam MS Risk Services Ltd., registered total income of ₹17.57 crore (₹15.90 crore) and net profit contracted to ₹1.24 crore from ₹1.29 crore.
