ALPHA TRIBE

Sundaram Finance Holdings LimitedImportant, 29-01-2025: Updates

29-01-2025 | 01:59 pm

Sundaram Finance Holdings Limited reported its un-audited financial results for the quarter and nine months ended December 31, 2024. For the quarter, the total income stood at ₹1,804.74 Cr, down from ₹3,371.72 Cr in the same quarter last year. The profit after tax decreased to ₹1,155.84 Cr compared to ₹2,631.59 Cr a year earlier.

For the nine-month period, total income was ₹19,888.88 Cr, up from ₹17,744.76 Cr year-on-year, while profit after tax rose to ₹17,431.20 Cr from ₹14,208.70 Cr.

The Board declared an interim dividend of ₹3.70 per share (74%) on the paid-up capital of ₹111.05 Cr, payable to shareholders as of February 4, 2025. Overall, the company demonstrated solid growth in the nine-month results, highlighting a positive outlook despite the decline in quarterly performance; investors may watch closely for trends in upcoming reports.

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