For the year ended March 31, profit was ₹21.71 crore, against ₹83.33 crore. Cholamandalam Financial Holdings Ltd. has reported a standalone profit of ₹31.97 crore for the quarter ended March 31. The company had posted a profit of ₹25.36 crore in the year-earlier quarter. For the year ended March 31, profit was ₹21.71 crore, against ₹83.33 crore. Total income for the quarter grew to ₹50.74 crore, from ₹28.66 crore in the same quarter last fiscal. Full-year profit was lower on account of lower dividend income and interest cost recognised on borrowing made for equity investment in a subsidiary, the firm said in a statement. Cholamandalam MS General Insurance Company Ltd, a subsidiary in general insurance, registered a gross written premium of ₹ 4,705 crore in FY ‘21 against ₹ 4,824 crore last year.