Sundaram Home Finance Q4 net dips 55% to ₹36.6 cr May 20, 2021 Disbursements were up 18 per cent to ₹459 crore Sundaram Home Finance’s net profit for the fourth quarter of FY21 was down 55 per cent to ₹36.6 crore. The company reported a net profit of ₹82 crore in the same period last year. However, the company, a wholly owned subsidiary of Sundaram Finance, said that the results of the two periods are not comparable as net profit in the year-ago quarter had an exceptional item of ₹60 crore on account of write back of deferred tax liability. The company said that on a comparable basis, profit from continuing operations for Q4FY21 went up 68 per cent to ₹36.60 crore (₹21.68 crore), excluding the one-time exceptional item of ₹60 crore during Q4FY20.