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Sundaram Home Finance: Disbursements made during the quarter under review went up by 27 per cent to Rs 1,252 crore, as compared to Rs 986 crore registered in the year ago period.
Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance, has reported a net profit at Rs 62.28 crore, upby 18 per cent for the October-December 2023 quarter, the company said. The city-headquartered company had registered a net profit of Rs 52.57 crore during the corresponding quarter of last year.
Get latest articles and stories on Latest News at LatestLY. Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance, has reported a net profit at Rs 62.28 crore, upby 18 per cent for the October-December 2023 quarter, the company said. Latest News | Sundaram Home Finance Records Q3 Net Profit Up by 18% to Rs 62.28cr.
Sundaram Home Finance, a subsidiary of non-banking finance company Sundaram Finance Ltd., plans to expand by adding 40 branches across India. The company reported an 18% rise in net profit for Q3 2023, reaching Rs 62.28 crore. It plans to add more branches in home finance, small business loans, and affordable housing segments.