Sundaram Finance Q1 net up 11.94%

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Sundaram Finance Q1 net up 11.94%

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Sundaram Finance Ltd., a leading non-banking finance firm, reported an 11.94% growth in its standalone net profit to ₹157.53 crore for the first quarter ended June 2019. During the period, total income from operations rose to ₹923.07 crore from ₹851.19 crore. Disbursements for Q1 increased to ₹4,414 crore, from ₹4,096 crore. Assets Under Management grew to ₹29,977 crore from ₹25,930 crore. The deposit base crossed ₹3,000 crore.

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