Money & Banking

Sundaram Finance profit up 28%

Our Bureau Chennai | Updated on January 31, 2011 Published on January 30, 2011




Sundaram Finance Ltd, a leading player in the commercial vehicle and car finance segments, has registered a 28 per cent growth in net profit at Rs 70.69 crore for the third quarter ended December 31, 2010, compared with Rs 55.38 crore in the same quarter of the previous fiscal.

Disbursements for the nine months ended December 31, 2010 increased by 35 per cent to Rs 5,410 crore, from Rs 3, 996 crore registered for the nine months ended December 31, 2009.

The company has declared an interim dividend of Rs 7/share, a company press release said.

Published on January 30, 2011
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