Cholamandalam Investment and Finance Company Limited — Dividend/Bonus, 31-01-2025: Dividend
31-01-2025 | 02:04 pm
31-01-2025 | 02:04 pm
The Board of Directors of Cholamandalam Investment and Finance Company Limited has approved an interim dividend of 65%, amounting to ₹1.30 per equity share for the year ending March 31, 2025. The record date for this dividend is set for February 7, 2025, with payment expected on or before February 28, 2025.
In the financial results for the quarter and nine months ended December 31, 2024, the company reported a net income of ₹3,541 crore for Q3, a 37% increase YoY, while the total AUM reached ₹1,89,141 crore, reflecting a 34% growth. The profit after tax for the quarter was ₹1,087 crore, a 24% increase from the previous year.
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