Sundaram Finance has reported results for the first quarter ended June 30, 2020.
The company has reported a rise of 5.17% in its net profit at Rs 165.68 crore for the quarter under review as compared to Rs 157.53 crore for the same quarter in the previous year. Total income of the company increased by 2.01% at Rs 952.07 crore for Q1FY21 as compared Rs 933.29 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 58.31% in its net profit attributable to owners at Rs 269.26 crore for the quarter under review as compared to Rs 170.08 crore for the same quarter in the previous year. Total income of the company increased by 27.79% at Rs 1276.99 crore for Q1FY21 as compared Rs 999.32 crore for the corresponding quarter previous year.
