Money & Banking

Sundaram Finance net up 5% in Q1

Our Bureau Chennai | Updated on March 13, 2018 Published on July 29, 2014


Chennai-based non-banking finance company Sundaram Finance reported a little over 5 per cent growth in net profit at ₹122 crore for the quarter ended June 30, 2014, against ₹116 crore in the comparable previous year quarter. Income from operations stood at ₹540 crore, marginally more than the ₹537 crore posted last year. Other income rose to ₹38 crore (₹26 crore last year). This includes profit of ₹26 crore on sale of 6.25 lakh equity shares of ₹10 each in Credit Information Bureau (India) Ltd. Earnings per share increased to ₹11 for the quarter ended June 30, 2014, from ₹10.44 in the corresponding quarter last year.

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Published on July 29, 2014
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