Sundaram Home Fin Q3 net rises 36%

Disbursements for Q3 stood at Rs 4,16.57 crore as compared to Rs 536.33 crore in the comparative period the previous year.

Written by FE Bureau

Updated: January 26, 2021 08:31 IST

Sundaram Home Finance, rise in net profit, Disbursements for Q3

Sundaram Home Finance raised over Rs 3,600 crore during the first nine months of the year.

Sundaram Home Finance has registered a 36% growth in its net profit for Q3 to Rs 56.24crore, compared with Rs 41.31 crore in the corresponding quarter of the previous fiscal.

Disbursements for Q3 stood at Rs 4,16.57 crore as compared to Rs 536.33 crore in the comparative period the previous year. The company raised over Rs 3600 crore during the first nine months of the year through a mix of debt instruments, term lending from banks, fixed deposits and refinance from the NHB.

This article was first uploaded on January twenty-six, twenty twenty-one, at twenty-six minutes past eight in the morning.