Sundaram Finance announced that the 65th Annual General Meeting (AGM) of the company will be held on 20 July 2018.

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Sundaram Finance announced that the Board of Directors of the Company at its meeting held on 25 May 2018, inter alia, have recommended the final dividend of Rs 7 per equity Share (i.e. 70%) , subject to the approval of the shareholders.

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Net profit of Sundaram Finance declined 6.95% to Rs 129.57 crore in the quarter ended March 2018 as against Rs 139.25 crore during the previous quarter ended March 2017. Sales rose 16.47% to Rs 699.75 crore in the quarter ended March 2018 as against Rs 600.78 crore during the previous quarter ended March 2017.

For the full year,net profit rose 7.59% to Rs 532.95 crore in the year ended March 2018 as against Rs 495.35 crore during the previous year ended March 2017. Sales rose 12.63% to Rs 2618.29 crore in the year ended March 2018 as against Rs 2324.78 crore during the previous year ended March 2017.

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Sundaram Finance has fixed 11 May 2018 as the Record Date for the purpose of Payment of Interim Dividend.

The Dividend will be paid on 22 May 2018.

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