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Sundaram Finance plans to raise over Rs 6K cr in current FY to drive growth

Business Standard LogoBusiness Standard17h ago

Sundaram Finance plans to raise over Rs 6K cr in current FY to drive growth - Business Standard

Quick Summary:

Sundaram Home Finance reported a 26 per cent rise in its net profit for the January-March 2025 quarter to Rs 71.57 crore from Rs 56.80 crore registered in the corresponding quarter of last financial year.

Disbursements made during the quarter under review stood at Rs 1,929 crore as against Rs 1,469 crore registered in the corresponding quarter of last financial year.

Sundaram Home Finance has unveiled plans to raise over Rs 6,000 crore to accelerate its growth during the current financial year.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 13:26:42 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28433737

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 321 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Sundaram Finance plans to raise over Rs 6K cr in current FY to drive growth" was covered 17 hours ago by Business Standard, a news publisher based in India.

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  • URL: https://ludovika-campus.beamstart.com/news/sundaram-finance-plans-to-raise-17465193577548

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