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Sundaram Finance Ltd Q3FY24; 32% rise in Profits

Sundaram Finance is a registered deposit taking NBFC established in 1954. The Co. is engaged in retail finance across multiple domains like Vehicle finance, Home Finance, Mutual Funds, General insurance and Financial service distribution

Financial Results:

Sundaram Finance Ltd reported Revenues for Q3FY24 of ₹1,821.00 Crores up from ₹1,410.00 Crore year on year, a rise of 29.15%.

Total Expenses for Q3FY24 of ₹1,309.00 Crores up from ₹985.00 Crores year on year, a rise of 32.89%.

Consolidated Net Profit of ₹506.00 Crores up 32.46% from ₹382.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹38.47, up 28.40% from ₹29.96 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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