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Sundaram Finance reports 23% rise in Q3 consolidated net profit

07 Feb 2023 Evaluate

Sundaram Finance has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported rise of 19.91% in its net profit at Rs 242.68 crore for Q3FY23 as compared to Rs 202.38 crore for the corresponding quarter previous year. Total income of the company increased by 5.18% to Rs 1011.04 crore for the quarter under review as compared to Rs 961.27 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 22.53% in its net profit at Rs 322.10 crore for Q3FY23 as compared to Rs 262.87 crore for the same quarter in the previous year. Total income of the company increased by 9.36% to Rs 1410.47 crore for the quarter under review as compared to Rs 1289.80 crore for the same quarter in the previous year.

Peers
Company Name CMP
Bajaj Finance 1040.00
Shriram Finance 1007.00
Aditya Birla Capital 402.00
Tata Capital 350.05
Chola Invest & Fin. 1770.45
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