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Sundaram Finance reports marginal rise in Q2 net profit

Sundaram Finance has reported results for second quarter ended September 30, 2018.

The company has reported 0.77% rise in its net profit at Rs 154.31 crore for the quarter under review as compared to Rs 153.13 crore for the same quarter in the previous year. Total income of the company increased by 18.52% at Rs 819.45 crore for Q2FY19 as compared Rs 691.43 crore for the corresponding quarter previous year.

Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution.