Sundaram Finance Q2 net profits up 6.1 pc at Rs 130.26 cr

Non-banking finance company Sundaram Finance registered a marginal increase of 6.1 per cent to Rs 130.26 crore for the second quarter ended September 30.
The city-based company, had reported Rs 122.71 crore registered during the year ago period, Sundaram Finance said in a BSE filing.
For the half-year period ended September 30, 2014 the net profits of the company the net profits grew to Rs 252.50 crore from Rs 238.70 crore registered during the same period of previous year.
Total income from operations for the July-September period was at Rs 561.96 crore as against Rs 558.31 crore during the corresponding period of previous year.

For the half-year period ending September 30, 2014 the total income soared to Rs 1,102.51 crore as against Rs 1,095.40 crore registered during same period of previous year.
Shares of the company today ended 0.7 per cent lower at Rs 1,370 apiece on the BSE.