Sundaram Finance net profit drops 8%

Total income rose 16%, to Rs 543 cr for quarter ended March 31

Sundaram Finance Ltd has posted a decrease of 8.2 per cent in net profit at Rs 90.15 crore for the quarter ended March 31, as against Rs 98.21 crore during the same period of the previous financial year.

Total income from operations increased 16 per cent, to Rs 542.6 crore for the quarter, compared with Rs 466.4 crore during the corresponding period of the previous financial year.