Net profit of Sundaram Finance rose 30.12% to Rs 117.34 crore in the quarter ended June 2017 as against Rs 90.18 crore during the previous quarter ended June 2016. Sales rose 9.33% to Rs 609.70 crore in the quarter ended June 2017 as against Rs 557.65 crore during the previous quarter ended June 2016.

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Sundaram Finance will hold a meeting of the Board of Directors of the Company on 18 July 2017.

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Meanwhile, the S&P BSE Sensex was up 58.66 points or 0.19% at 31,280.28.

Sundaram Finance fell 2.11% to Rs 1,620 as the stock turned ex-dividend today, 4 July 2017, for final dividend of Rs 6.50 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.39% based on the closing price of Rs 1,654.85 on BSE yesterday, 3 July 2017.

Essel Propack lost 2.01% to Rs 241.80 as the stock turned ex-dividend today, 4 July 2017, for final dividend of Rs 2.40 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.97% based on the closing price of Rs 246.75 on BSE yesterday, 3 July 2017.

CCL Products (India) lost 1.52% to Rs 298 as the stock turned ex-dividend today, 4 July 2017, for dividend of Rs 2.50 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.83% based on the closing price of Rs 302.60 on BSE yesterday, 3 July 2017.

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Net profit of Sundaram Finance rose 14.04% to Rs 139.25 crore in the quarter ended March 2017 as against Rs 122.11 crore during the previous quarter ended March 2016. Sales rose 4.61% to Rs 609.15 crore in the quarter ended March 2017 as against Rs 582.32 crore during the previous quarter ended March 2016.

For the full year,net profit rose 3.79% to Rs 495.35 crore in the year ended March 2017 as against Rs 477.28 crore during the previous year ended March 2016. Sales rose 1.92% to Rs 2356.79 crore in the year ended March 2017 as against Rs 2312.39 crore during the previous year ended March 2016.

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