Cholamandalam Investment Q2 Net Profit Rises 41%, Plans Rs 5000 Crore Capital Raise
Cholamandalam Investment and Finance reported a 41% increase in its second-quarter net profit to Rs 1,630 crore. The growth was driven by strong income, higher loan disbursements, and reduced loan losses. The company’s board has approved a proposal to raise up to Rs 5,000 crore through a qualified institutional placement.
ET Markets·


