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Sundaram Finance Holdings Ltd Q2FY24; 176% 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 Q2FY24 of ₹24.00 Crores up from ₹17.00 Crore year on year, a rise of 41.18%.

Total Expenses for Q2FY24 of ₹12.00 Crores down from ₹13.00 Crores year on year, a fall of 7.69%.

Consolidated Net Profit of ₹91.00 Crores up 175.76% from ₹33.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.08, up 172.00% from ₹1.50 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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