Sundaram Finance posts 49% jump in Q1 net

Sundaram Finance Ltd posted a 49 per cent jump in Q1 net profit from continuing operations up at Rs 58.80 crore against Rs 39.36 crore in the corresponding period of FY10.

In a filing to the exchanges, the NBFC said that its disbursements in the April-June quarter of the current financial year rose 69 per cent to Rs 1,756 crore against Rs 1042 crore in the corresponding quarter in the previous fiscal.