: Non-Banking Finance Company
Sundaram Finance Ltd has reported a 59.5 per cent jump on its fourth quarter Profit After Tax at Rs 209 crore.
Sundaram Finance had registered consolidated PAT at Rs 131 crore during corresponding the quarter last year. For the year ending March 2021, the company registered a profit after tax at Rs 809 crore compared to Rs 724 crore in the same period last year. Excluding the one-time gain of Rs 53 crore (on sale of equity shares in Sundaram Finance Holdings Ltd) in FY20, net profit grew by 21 per cent on a like to like basis , the city based company said in a statement on Friday.