A regulated deposit-taking NBFC, Sundaram Finance was founded in 1954. The company engages in retail finance across a variety of industries, including those that finance automobiles, homes, mutual funds, general insurance, and financial services.
Financial Results:
For the three months ending in December, Sundaram Finance Ltd. (SFL standalone )’s net profit increased by 20% to 243 crore.
Operating revenue increased overall from 958 crore to 1,009 crore.
The amount paid out increased by 45% to 5,553 crore. On December 31, 2022, there were 33,558 crores of assets under management (AUM), up from 29,796 crores on same day in the previous year.