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Sundaram Finance has reported a net profit of ₹130 crore in the second quarter ended September 30, a 6 per cent increase over the the corresponding quarter of the previous year.
Revenue declined marginally to ₹562 crore (₹558 crore in the year-ago period).
The other income of ₹49 crore during the second quarter included the ₹26 crore earned on the sale of equity shares of Credit Information Bureau (India) Ltd in May 2014, the company said in a filing with the BSE.
On the BSE, the company’s scrip ended at ₹1,370 on Friday, up 0.38 per cent over the previous day’s close.
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