Sundaram Finance Ltd today reported a 25% increase in its net profit to Rs 113.65 crore for the third quarter ended December 31, 2012.
"Net profit for third quarter ended December 31, 2012 increased by 25% to Rs 113.65 crore from Rs 91.14 crore registered in third quarter ended 31st December 2011," a release from the city-based company said.
The company's net profit for the nine month period ended December 31, 2012 also went up to Rs 319.95 crore, an increase of 24% as against the Rs 257.24 crore registered in the corresponding period in 2011.
Its deposit base stood at Rs 1,412 crore on December 31, 2012, while NPA was 0.21% against the 0.32% on December 31, 2011, the release said.
Disbursements stood at Rs 7,400 crore as on December 31, 2012 as against Rs 6,598 crore in the same period in 2011.
