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Sundaram Fin Q3 profit rises 16% to ₹349 cr

Financial Express Delhi

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February 04, 2025

SUNDARAM FINANCE ON Monday reported a 16% year-on-year rise in its standalone net profit to ₹349 crore for the quarter ended December.

- FE BUREAU

On a sequential basis, the net profit saw a modest rise from ₹340 crore.

Revenue from operations of the Chennai-based NBFC grew 22% to ₹1,648 crore, with interest income witnessing a 23% increase to ₹1,478 crore.

Disbursements grew 19% to ₹7,764 crore during the quarter under review, compared with ₹6,524 crore in the year-ago period. Total assets under management (AUM) rose 19% to ₹50,199 crore.

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