Sundaram Finance Ltd posts Rs. 269.26 crore consolidated net profit in Q1

SUNDARAM FINANCE LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.1276.98 crores during the period ended June 30, 2020 as compared to Rs.1331.16 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.269.26 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.195.64 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.24.44 for the period ended June 30, 2020 as compared to Rs.17.76 for the period ended March 31, 2020.

Financials	Q1 FY2020-21	Q4 FY19-20	% Change
Total Income	₹ 1276.98 crs	₹ 1331.16 crs	-4.07%
Net Profit	₹ 269.26 crs	₹ 195.64 crs	37.63%
EPS	₹ 24.44	₹ 17.76	37.61%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.1276.98 crores during the period ended June 30, 2020 as compared to Rs.999.31 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.269.26 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.170.08 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.24.44 for the period ended June 30, 2020 as compared to Rs.15.44 for the period ended June 30, 2019.

Financials	Q1 FY2020-21	Q1 FY2019-20	% Change
Total Income	₹ 1276.98 crs	₹ 999.31 crs	27.79%
Net Profit	₹ 269.26 crs	₹ 170.08 crs	58.31%
EPS	₹ 24.44	₹ 15.44	58.29%

Shares of SUNDARAM FINANCE LTD. was last trading in BSE at Rs.1294.8 as compared to the previous close of Rs. 1312.15. The total number of shares traded during the day was 654 in over 151 trades.

The stock hit an intraday high of Rs. 1340 and intraday low of 1292.35. The net turnover during the day was Rs. 859801.

Source : Equity Bulls

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