Sundaram Finance consolidated net profit declines 67.41% in the March 2020 quarter

Sales rise 33.25% to Rs 1320.25 crore

Net profit of Sundaram Finance declined 67.41% to Rs 195.65 crore in the quarter ended March 2020 as against Rs 600.29 crore during the previous quarter ended March 2019. Sales rose 33.25% to Rs 1320.25 crore in the quarter ended March 2020 as against Rs 990.78 crore during the previous quarter ended March 2019.

For the full year,net profit declined 31.81% to Rs 791.54 crore in the year ended March 2020 as against Rs 1160.85 crore during the previous year ended March 2019. Sales rose 27.13% to Rs 4695.41 crore in the year ended March 2020 as against Rs 3693.47 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1320.25990.78 33 4695.413693.47 27 OPM %71.8975.70 -74.3274.76 - PBDT271.85280.07 -3 1105.321010.01 9 PBT246.91264.79 -7 1015.79951.93 7 NP195.65600.29 -67 791.541160.85 -32

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