Sundaram Fin net slips to ₹98.99 cr

Sundaram Finance has reported a net profit of ₹98.99 crore on an income of ₹555.15 crore for the quarter ended June 30, 2015. During the corresponding quarter in the previous year, the company reported a net profit of ₹122.24 crore on an income of ₹540.54 crore. This included other income of ₹26 crore profit from sale of equity shares of Credit Information Bureau. Finance cost during the quarter increased to ₹288.86 crore (₹276.47 crore).