Sundaram Finance Holdings Ltd. (SFHL) registered a 113% rise in its standalone net profit for the fourth quarter ended March 2019 to ₹32 crore from ₹15 crore registered in the corresponding quarter last year on higher income.
Revenue grew 86% to ₹42 crore from ₹23 crore.
For the full year, the firm, which is a holding company for the non-financial services investments of the Sundaram Finance Group, registered a 56% rise in its net profit to ₹85 crore against ₹54 crore.
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The board recommended a dividend of ₹1.75 per share for the financial year 2018-19.
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