iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Chola Investments Q4 PAT up 180% at Rs686.74cr on spike in fee income and lower impairment losses

6 May 2022 , 07:01 PM

Cholamandalam Investment
Chola Investments reported 5.07% growth in total revenues yoy for the Mar-22 quarter on consolidated basis at Rs2,605.07cr. On a sequential basis, revenues were higher for the quarter by 1.87%.

For the full year FY22, the revenues were higher by 5.9% at Rs10,141cr. During the quarter, Chola Investments saw a sharp spike of 62% in fee and commission income.

At the same time, the interest spreads improved positively as the loan yields improved amidst controlled cost of funds for the core business of Chola.

The consolidated net profit for Q4 was up 180.15% at Rs686.74cr while it was up on a sequential basis by 30.14%.

While the spike in fee income was the main driver growing from Rs.88cr to Rs143cr, the other big factor was impairment. The impairment for the quarter turned around from a loss of Rs559cr to a small gain of Rs17cr.

Net margins stood at 26.36% in Mar-22 quarter compared to 9.89% in Mar-21. NPM was higher sequentially compared to 20.64% in Q3. The board has recommended final dividend of Rs.0.70 per share for FY22.

Financial highlights for Mar-22 compared yoy and sequentially

Chola Investments
Rs in Crore Mar-22 Mar-21 YOY Dec-21 QOQ
Total Income (Rs cr) ₹ 2,605.07 ₹ 2,479.37 5.07% ₹ 2,557.28 1.87%
Net Profit (Rs cr) ₹ 686.74 ₹ 245.13 180.15% ₹ 527.71 30.14%
Diluted EPS (Rs) ₹ 8.35 ₹ 2.98 ₹ 6.42
Net Margins 26.36% 9.89% 20.64%

Related Tags

  • Chola Investments management
  • Chola Investments news
  • Chola Investments Q4
  • Chola Investments Q4FY22 Finance business
  • Chola Investments Q4FY22 PAT
  • Chola Investments Q4FY22 Result
  • Chola Investments quarterly results
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.