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Sundaram Finance Q3 profit up 45% to Rs 242 cr, disbursements up 8%

Assets under Management stood at Rs 31,226 crore as on December 31, 2020 compared to Rs 30,502 crore a year ago

Sundaram Finance
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Disbursements during the quarter under review rose 8.5 per cent to Rs 4,307 crore, from Rs 3,968 crore a year ago

T E Narasimhan Chennai
Non-banking finance company Sundaram Finance Ltd (SFL) has registered a 45 per cent rise in net profit at Rs 242 crore for the quarter ended December 31, 2020, from Rs 167 crore in the corresponding period last year. 

Disbursements during the quarter under review rose 8.5 per cent to Rs 4,307 crore, from Rs 3,968 crore a year ago.

Net income for Q3FY21 went up by around seven per cent to Rs 1,045 crore from Rs 976 crore in the same period last year. 

Assets under Management stood at Rs 31,226 crore as on December 31, 2020 compared to Rs

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