The Chennai-headquartered company's total expenditure climbed to ₹2,004 crore as against ₹1,751 crore in the year-ago period | Image: X@sfcorpcomm
Sundaram Finance Ltd on Thursday reported a 6 per cent increase in consolidated net profit to ₹517 crore for the second quarter ended September 30, 2026.
The non-banking finance company had posted a net profit of ₹488 crore in the July-September quarter a year ago.
The company's total consolidated income rose to ₹2,749 crore during the quarter under review, up from ₹2,401 crore a year earlier, Sundaram Finance said in a regulatory filing.
The board also approved the proposed acquisition of a 100 per cent stake in Sundaram Alternate Assets Ltd (SAAL), a wholly-owned subsidiary of Sundaram Asset Management Company Ltd (SAMCL), which in turn is a wholly-owned subsidiary of the company.