The consolidated profit after tax for the nine month period ended December 31, 2023 grew to Rs 2,706.81 crore, from Rs 1,908.85 crore registered in the same period of last year.
Cholamandalam Financial Holdings Ltd has recorded a consolidated profit after tax of Rs 1,027 crore for the October-December 2023 quarter, the company said on Tuesday.
The city-headquartered company, part of the diversified conglomerate Murugappa Group, had registered a consolidated profit after tax at Rs 720.16…
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Category: Cholamandalam MS
Cholamandalam Financial Holdings posts consolidated Q3 PAT at Rs 1,027 cr
Cholamandalam Financial Holdings Ltd has recorded a consolidated profit after tax of Rs 1,027 crore for the October-December 2023 quarter, the company said on Tuesday. The city-headquartered company, part of the diversified conglomerate Murugappa Group, had registered a consolidated profit after tax at Rs 720.16 crore, during the corresponding quarter of last year.Total income for the quarter under review grew to Rs 6,842.03 crore, from Rs 4,776.75 crore registered year ago. Click here to…
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Cholamandalam Financial Holdings Q3 net rises 43% to ₹1,027 cr.
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…
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Cholamandalam Financial Holdings consolidated net profit rises 40.67% in the December 2023 quarter
Sales rise 43.81% to Rs 6794.67 croreNet profit of Cholamandalam Financial Holdings rose 40.67% to Rs 467.13 crore in the quarter ended December 2023 as against Rs 332.08 crore during the previous quarter ended December 2022. Sales rose 43.81% to Rs 6794.67 crore in the quarter ended December 2023 as against Rs 4724.70 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales6794.674724.70 44 OPM %56.1753.18 -PBDT1418.661013.69 40…
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Cholamandalam MS General Insurance Company standalone net profit rises 130.49% in the December 2023 quarter
Sales rise 29.95% to Rs 1345.61 croreNet profit of Cholamandalam MS General Insurance Company rose 130.49% to Rs 99.87 crore in the quarter ended December 2023 as against Rs 43.33 crore during the previous quarter ended December 2022. Sales rose 29.95% to Rs 1345.61 crore in the quarter ended December 2023 as against Rs 1035.50 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales1345.611035.50 30 OPM %9.92-5.59 -PBDT133.6157.65 132…
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Two Arrested For Online Cheating And Forgery In Hyderabad
Hyderabad: The Hyderabad Cyber Crime Police arrested two persons who were involved in online cheating and forgery in the name of insurance. The arrested persons were Bellary Pavan Kumar (27) of Chennai, Tamil Nadu, and Soudri Basavaraj (27) of Kurnool, Andhra Pradesh. The accused had collected money from customers using the name of Cholamandalam MS General Insurance Company Ltd and committed fraud of about Rs 1,88,599.
The police had received a complaint that the cyber fraudsters contacted…
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Source: https://indtoday.com/two-arrested-for-online-cheating-and-forgery-in-hyderabad/
Police arrest two for online cheating, forgery
Hyderabad: The Hyderabad Cyber Crime Police arrested two persons who were involved in online cheating and forgery on the name of insurance.The arrested persons were Bellary Pavan Kumar (27) of Chennai, Tamil Nadu and Soudri Basavaraj (27) of Kurnool, Andhra Pradesh. The accused had collected money from customers using the name of Cholamandalam MS General Insurance Company Ltd and committed fraud about Rs 1,88,599. The police had received a complaint that the cyber fraudsters contacted…
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Hyderabad police arrest two for online cheating, forgery
Hyderabad, Jan 28 (IANS): Hyderabad Cyber Crime Police arrested two persons for online cheating and forgery in the name of an insurance company.
The accused had collected money from customers using the name of Cholamandalam MS General Insurance Company Ltd.
The two were identified as Bellary Pavan Kumar, 27, a resident of Chennai and Soudri Basavaraj, 27, resident of Andhra Pradesh’s…
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Source: https://www.daijiworld.com/index.php/news/newsDisplay?newsID=1162595
Gurdaspur District Commission Holds Cholamandalam General Insurance Company Liable For Repudiating Valid Insurance Claim
The District Consumer Disputes Redressal Commission, Gurdaspur (Punjab) bench comprising of Lalit Mohan Dogra (President) and Bhagwan Singh Matharu (Member) held Cholamandalam General Insurance Company liable of deficiency in services for falsely repudiating the claim citing non-supply for the documents by the Complainant. The bench directed it to pay Rs. 85,800 to the Complainant and expressed concerns over the repudiation of valid claims in an overly technical manner.Brief Facts:Mrs….
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Thermography Analysis Service Industry Report Analysis, Research Study
The global Thermography Analysis Service Market is researched with great precision and in a comprehensive manner to help you identify hidden opportunities and become informed about unpredictable challenges in the industry. The authors of the report have brought to light crucial growth factors, restraints, and trends of the global Thermography Analysis Service market. The research study offers complete analysis of critical aspects of the global Thermography Analysis Service market, including…
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