Cholamandalam Investment and Finance Company Limited — Important, 25-10-2024: Financial Result Updates

Cholamandalam Investment and Finance Company Limited reported significant financial growth for the quarter and half-year ended September 30, 2024. Key highlights include a 37% increase in net income to ₹3,238 crore and a 26% rise in profit after tax to ₹963 crore. Total assets under management rose by 33% year-on-year to ₹1,77,426 crore. The company appointed Mr. Jeeva Balakrishnan as Chief Human Resources Officer and Mr. Aman Sharma as Head of Operations, effective November 5, 2024.