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Sundaram Finance Holdings Ltd Q1FY24; 73% rise in Profits

Sundaram Finance Holdings Ltd is primarily engaged in the business of Investments, business processing, and support services. It has a 100% subsidiary which is an outsourcing company offering various support services to large and mid-sized firms in and outside India.

Financial Results:

Sundaram Finance Holdings Ltd reported Revenues for Q1FY24 of ₹24.00 Crores up from ₹19.00 Crore year on year, a rise of 26.32%.

Total Expenses for Q1FY24 of ₹15.00 Crores up from ₹12.00 Crores year on year, a rise of 25.0%.

Consolidated Net Profit of ₹71.00 Crores up 73.17% from ₹41.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.18, up 71.89% from ₹1.85 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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