CHL Limited announced Q1 financial results with standalone revenue up 6% to Rs. 1,971.05 crore and profit up 29% to Rs. 504.01 crore. However, consolidated results showed a loss of Rs. 488.67 crore, including currency exchange losses from its subsidiary. The board appointed Mr. Luv Malhotra as Chairman for the upcoming AGM and made changes in company leadership. CHL continues to face legal challenges related to a loan taken by its subsidiary, with a One Time Settlement of USD 34 million under implementation.