Chola Investment's profit rose 21%

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Chola Investment and Finance reported a 21% increase in its June quarter profit, reaching 1,136 crore rupees. The financial services arm of Murugappa Group saw its total income rise to 7,331 crore rupees from 5,828 crore rupees in the same period last year. Assets under management grew by 23% to 2,07,663 crore rupees, with the company maintaining a capital adequacy ratio of 19.96%.


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Chola Investment's profit rose 21% | News Minimalist