The Board of Directors of Sundaram Finance Ltd. (SFL) approved the unaudited standalone and consolidated financial results for the half year ended Sep 30, 2024, at its meeting held on Nov 04, 2024, in Chennai. “Team Sundaram has delivered a balanced H1FY25 despite lower-than-expected economic activity in the half year. Assets under management grew by 20% to Rs. 48,058 crores compared to the prior year…
Sundaram Finance Ltd: Unaudited standalone & consolidated financial results for the quarter ended June 30, 2024
Sundaram Finance logs disbursements of Rs. 6,908 crores, 7% over Q1FY24; AUM grows 23% to Rs. 45,671 crores Net profit for Q1FY25 up by 9% at Rs. 308 crores Profits from Operations up by 22% in Q1FY25 Continued improvement in asset quality with Gross Stage 3 assets at 1.56% (1.90% as of June 30, 2023) and Net Stage 3 assets at 0.84% (1.00% as of…
Sundaram Finance Ltd. – Audited standalone & consolidated financial results for the quarter and year ended March 31st, 2024
The Board of Directors of Sundaram Finance Ltd. (SFL) approved the audited standalone and consolidated financial results for the year ended March 31, 2024, at its meeting held on May 24, 2024, in Chennai. “Team Sundaram has delivered a strong FY24 despite lower-than-expected economic activity in the quarter. Assets under management grew by 27% to a new high of Rs. 43,987 crores, net stage 3…