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Sundaram Finance reports 10% rise in Q2 net profit

29 Oct 2013 Evaluate

Sundaram Finance has reported results for the second quarter ended September 30, 2013.

The company has reported 10.06% rise in its net profit at Rs 122.72 crore for the quarter as compared to Rs 111.50 crore for the same quarter in the previous year. Total income of the company has increased by 10.68% at Rs 558.31 crore for quarter under review as compared to Rs 504.45 crore for the quarter ended September 30, 2012.

Sundaram Finance is one of the oldest and largest providers of finance for the acquisition of commercial vehicles of all makes. The commercial vehicle finance provided by it helps the small operators to acquire vehicles with minimum hassle and documentation.

Sundaram Finance Share Price

5020.70 -4.85 (-0.10%)
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