Cholamandalam Investment and Finance Company announced its Q3 FY24 results on January 25, 2024. Topline increased by 49.32% and profit increased by 27.34%. Revenue increased by 8.61% and profit by 12.83% compared to the previous quarter.
Selling, general and administrative expenses increased by 9% quarter-on-quarter and 86.43% year-on-year.
Operating income grew 13.25% quarter-on-quarter and 26.91% year-on-year.
EPS is 13.59 for Q3FY24 which increased by 39.31% YoY.
Cholamandalam Investment & Finance Company has given -3.63% return in last 1 week, 9.57% return in last 6 months and -1.2% YTD return.
The current market cap of Cholamandalam Investment and Finance Company is 104519 cr and 52wk high/low 1310 and 696.05 respectively.
Of the 28 analysts covering the company as of January 27, 2024, 3 analysts have given a Sell rating, 7 analysts have given a Hold rating, 11 analysts have given a Buy rating and 7 analysts have given a Strong Buy rating.
The consensus recommendation on January 27, 2024 was to buy.
| Duration | Q3FY24 | Q2FY24 | QoQ growth | Q3FY23 | year on year increase |
|---|---|---|---|---|---|
| total revenue | 4984.35 | 4589.12 | +8.61% | 3337.93 | +49.32% |
| Selling/General/Administrative Expenses Total | 694.83 | 637.44 | +9% | 372.71 | +86.43% |
| Depreciation & Amortization | 45.79 | 38.51 | +18.9% | 30.03 | +52.48% |
| total operating expenses | 3898.26 | 3630.12 | +7.39% | 2482.15 | +57.05% |
| operating income | 1086.09 | 959 | +13.25% | 855.78 | +26.91% |
| net income before taxes | 1156.5 | 1065.04 | +8.59% | 925.94 | +24.9% |
| Net income | 872.02 | 772.87 | +12.83% | 684.82 | +27.34% |
| diluted normalized EPS | 13.59 | 12.9 | +5.31% | 9.75 | +39.31% |
questions to ask
Q: What is the company’s Q3FY24 profit/loss?
Answer: ₹872.02 crore
Q: What is the Q3 FY24 revenue?
Answer: ₹4984.35 crore
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Published: Jan 27, 2024, 03:00 am IST
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