Cholamandalam Investment and Finance Company Limited Announces Audited Standalone and Consolidated Financial Results for the Fourth Quarter and Year Ended March 31, 2019
April 27, 2019 at 07:28 am EDT
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Cholamandalam Investment and Finance Company Limited announced audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2019. For the quarter, on standalone basis, the company reported revenue from operations of INR 18,850.8 million against INR 14,556.9 million a year ago. Total Income was INR 18,853.4 million against INR 14,559.1 million a year ago. Profit for the period was INR 2,918.6 million against INR 2,852.6 million a year ago. Earnings per share (EPS) - not annualized basic were INR 18.67 against INR 18.25 a year ago. Earnings per Share (EPS) - not annualized diluted were INR 18.65 against INR 18.23 a year ago.
For the year, on standalone basis, the company reported revenue from operations of INR 69,919.7 million against INR 54,792.3 million a year ago. Total Income was INR 69,926.4 million against INR 54,796.6 million a year ago. Profit for the period was INR 11,861.5 million against INR 9,183.0 million a year ago. Earnings per share (EPS) - not annualized basic were INR 75.87 against INR 58.75 a year ago. Earnings per Share (EPS) - not annualized diluted were INR 75.81 against INR 58.70 a year ago.
For the year, on consolidated basis, the company reported revenue from operations of INR 70,876.2 million against INR 55,586.8 million a year ago. Total Income was INR 71,088.3 million against INR 55,592.8 million a year ago. Profit for the period was INR 11,969.4 million against INR 9,176.9 million a year ago. Earnings per share (EPS) - not annualized basic were INR 76.56 against INR 58.71 a year ago. Earnings per Share (EPS) - not annualized diluted were INR 76.50 against INR 58.66 a year ago.
Cholamandalam Investment and Finance Company Limited is an India-based equipment financing company. The Company offers vehicle finance, home loans, loans against property, small and medium enterprises (SME) loans, consumer and small enterprise loans, secured business and personal loans, insurance agency, mutual fund distribution and a variety of other financial services to customers. Its segments include Vehicle Finance, Loan against property, Home Loans and Other loans. The Vehicle Finance Loans segment provides loans to customers against the purchase of new/used vehicles, tractors, construction equipment and loans to automobile dealers. Loan against property segment provides loans to customers against immovable property. The Home Loans segment provides loans for the acquisition of residential property. Its Other loans segment offers loans against shares and other unsecured loans. Its subsidiaries include Cholamandalam Securities Limited and Cholamandalam Home Finance Limited.
Cholamandalam Investment and Finance Company Limited Announces Audited Standalone and Consolidated Financial Results for the Fourth Quarter and Year Ended March 31, 2019