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
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