Sundaram Finance has reported results for first quarter ended June 30, 2018.
The company has reported 25.93% rise in its net profit at Rs 140.73 crore for the quarter under review as compared to Rs 111.75 crore for the same quarter in the previous year. Total income of the company increased by 23.66% at Rs 767.04 crore for Q1FY19 as compared Rs 620.28 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.