Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the NBFC sector. The brokerage house expects Cholamandalam Invesment to report net profit at Rs 493 crore up 1,055.6% year-on-year (up 20.6% quarter-on-quarter).
Net Sales are expected to increase by 36.7 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs 1,388 crore, according to Sharekhan.
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