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Motilal Oswal: Cholamandalam Investment - Business Rebounds In Q2; Asset Quality Improves

Cholamandalam’s earnings beat in Q2 was driven largely by a higher topline that was partially offset by higher credit costs.

A cashier counts Indian rupee banknotes in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
A cashier counts Indian rupee banknotes in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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