Cholamandalam Investment and Finance Company Ltd. Announces Audited Consolidated and Standalone Unaudited Earnings Results for the Second Quarter and Half Year Ended September 30, 2017
October 31, 2017 at 06:10 am EDT
Share
Cholamandalam Investment and Finance Company Ltd. announced audited consolidated and standalone unaudited earnings results for the second quarter and half year ended September 30, 2017. For the quarter, the standalone company reported income from operations was INR 12,959.1 million against INR 11,621.4 million a year ago. Total revenue was INR 12,959.7 million against INR 11,626.4 million a year ago. Profit before exceptional and extraordinary items and tax were INR 3,471.9 million against INR 2,633.6 million a year ago. Profit before tax was INR 3,471.9 million against INR 2,633.6 million a year ago. Profit for the period was INR 2,272.5 million against INR 1,709.4 million a year ago. Diluted EPS before and after extraordinary items was INR 14.53 against INR10.94 a year ago.
For the six months, the standalone company reported income from operations was INR 25,307.1 million against INR 22,706.1 million a year ago. Total revenue was INR 25,308.4 million against INR 22,711.6 million a year ago. Profit before exceptional and extraordinary items and tax were INR 6,653.2 million against INR 5,170.6 million a year ago. Profit before tax was INR 6,653.2 million against INR 5,170.6 million a year ago. Profit for the period was INR 4,338.3 million against INR 3,366.7 million a year ago. Diluted EPS before and after extraordinary items was INR 27.75 against INR 21.54 a year ago.
For the quarter, the consolidated company reported income from operations was INR 13,127.1 million against INR 11,722.0 million a year ago. Total revenue was INR 13,129.4 million against INR 11,728.1 million a year ago. Profit before exceptional and extraordinary items and tax were INR 3,483.9 million against INR 2,605.3 million a year ago. Profit before tax was INR 3,483.9 million against INR 2,605.3 million a year ago. Profit for the period was INR 2,280.0 million against INR 1,673.4 million a year ago. Diluted EPS before and after extraordinary items was INR 14.59 against INR 10.73 a year ago.
For the six months, the consolidated company reported income from operations was INR 25,595.6 million against INR 22,870.1 million a year ago. Total revenue was INR 25,598.6 million against INR 22,879.1 million a year ago. Profit before exceptional and extraordinary items and tax were INR 6,675.6 million against INR 5,162.8 million a year ago. Profit before tax was INR 6,675.6 million against INR 5,162.8 million a year ago. Profit for the period was INR 4,349.9 million against INR 3,344.3 million a year ago. Diluted EPS before and after extraordinary items was INR 21.43 against INR 46.03 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 Ltd. Announces Audited Consolidated and Standalone Unaudited Earnings Results for the Second Quarter and Half Year Ended September 30, 2017