Date:01/08/2008 URL: http://www.thehindu.com/2008/08/01/stories/2008080156181800.htm

Business - Briefly

Sundaram Finance net up 59 p.c.

CHENNAI: Sundaram Finance has achieved a net profit of Rs. 37.28 crore for the first quarter ended June 30, 2008 against Rs. 23.42 crore in the corresponding quarter in 2007-08. The total income has registered a growth of 33 per cent at Rs. 259.82 crore against Rs. 195.23 crore. According to a release, the company has fixed August 25 as the record date for the 1:1 bonus issue.