Sundaram Finance Q3 net up 25% to Rs 113.65 cr

Our Bureau Chennai | Updated on March 12, 2018


Sundaram Finance’s net profit for the third quarter increased 25 per cent to Rs 113.65 crore over the same period last year. Income from operations grew 23 per cent to Rs 547 crore.

The deposit base of the company stood at Rs 1,412 crore as on December 31, 2012.

The company’s net profit for the nine months ended December 31 increased 24 per cent to Rs 319.95 crore. Disbursements for the period increased 12 per cent to Rs 7,400 crore.

Net NPA as on December 31, 2012 stood at 0.21 per cent, compared with 0.32 per cent as on December 31, 2011.

The company’s share price rose 1.46 per cent to Rs 473 on the BSE on Monday.

Published on January 28, 2013

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