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Sundaram Finance reports 30% jump in Q1 net profit

19 Jul 2017 Evaluate

Sundaram Finance has reported results for first quarter ended June 30, 2017.

The company has reported rise of 30.12% in its net profit at Rs 117.34 crore for the quarter under review as compared to Rs 90.18 crore for the same quarter in the previous year. Total income of the company increased by 10.72% at Rs 621.78 crore for Q1FY18, as compared Rs 561.60 crore for the corresponding quarter previous year.

Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution.

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