Cholamandalam Financial Holdings on Wednesday posted a consolidated net profit of ₹686.73 crore for the quarter ended March 2022, against a net profit of ₹214.35 crore for the same quarter in the previous year due to lower cost on account of impairment of financial instruments.

Consolidated revenue grew over 6 per cent to ₹3,794.24 crore (from ₹3,578.69 crore q-o-q). For the full year, the company's consolidated net profit grew by 27 per cent to ₹2,239.36 crore (from ₹1,764.22 crore y-o-y).

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