Sundaram Finance Q3 PAT rises 16% to Rs.349 crore, declares 140% dividend

Sundaram Finance Ltd. standalone net profit for the third quarter ended December grew 16% year-on-year to ₹349 crore.

Standalone revenue from operations grew 24% to ₹1,478 crore. Consolidated net profit slid 10% to ₹455 crore. However, consolidated revenue for the quarter rose 21% to ₹1,857 crore.

The board declared 140% interim dividend (₹14 a share). Consolidated results of SFL include the results of its standalone subsidiaries Sundaram Home Finance, Sundaram Asset Management and joint venture company Royal Sundaram General Insurance.