Money & Banking

Sundaram Finance net profit rises 12 per cent at Rs 158 crore in Q1

Our Bureau Chennai | Updated on August 06, 2019 Published on August 06, 2019

 

Private sector lender Sundaram Finance has reported a 12 per cent increase in its net profit at ₹158 crore for quarter ended June 30, 2019, compared to ₹141 crore in the year-ago period.

On standalone basis, the non-banking finance company’s total revenue from operations grew 8 per cent at ₹923 crore, compared to ₹851 crore in the first quarter of the previous fiscal. Its profit before exceptional items and tax stood at ₹236 crore, against ₹212 crore.

Published on August 06, 2019
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.