Chennai, Feb. 3 -- Sundaram Finance Limited (SFL) on Monday announced that it has logged the highest ever nine months disbursements of Rs. 21,532 crore in the current fiscal.
The Board of Directors of the company approved the unaudited standalone and consolidated financial results for the nine months ended December 31, 2024, at its meeting held here today.
Stating that economic activity in the festival season that marks Q3 has been below expectations, it said Team Sundaram has delivered a terrific Q3 with 19% growth in AUM to Rs. 50,199 crores, improving asset quality with net stage 3 at 0.97% vs 1.02% last year and profits from operations growing 22% year-on-year.
"Our Group companies in asset management, general insurance and home f...