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Chennai, April 23, 2018: The Board of Directors of Cholamandalam Investment and Finance Company Limited today approved its audited financial results for the quarter and for the year ended 31stMarch 2018.
Highlights: Q4 Performance:
* Aggregate disbursements for the quarter were at 8,007 Cr as against 5,213 Cr in Q4 of FY17,registering agrowth of 54%, riding on the growth in CV industry.
* Vehicle Finance business disbursed ₹6,820 Crs as against ₹ 4,407 Cr. in Q4 of FY17 clocking a growth of 55%YoY.HCV and LCV continued to show strong growth, complemented by Used vehicles.The Vehicle finance business has recorded the highest disbursement volume during the quarter.
* Home Equity business disbursed 806Crs as against 544Crsin Q4 FY 17, registering a growth of 48% YoY, getting back to normalcy.
* Assets under management grew by 25% at Rs42,879Crorescompared to the lastfinancial year, which stood at Rs34,167Crores
* The PBT-ROTA for Q4 FY18 improved to 5.0% as against4.7% in Q4 FY17.

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