Cholamandalam Financial Holdings Ltd reported a consolidated profit after tax of Rs 1,092.90 crore for the October-December 2024 quarter. Total income surged to Rs 8,592.98 crore during the quarter.

Balrampur Chini slipped 4.35% to Rs 454.35 after the company's net profit declined 22.84% to Rs 70.47 crore on a 3.11% decline in revenue from operations to Rs 1,192.15 crore in Q3 FY25 over Q3 FY24.

The regulator found prima facie that the training institute and its directors encouraged irresponsible investing behaviour.

This calculated move is expected to catalyse credit growth across sectors, particularly benefiting SMES whilst providing much ...