From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Redington Q2 PAT up 20% as IT infra spends grow
What's behind this
Sundaram Finance, a Chennai‑based non‑bank financial company, reported a 21% rise in its Q2 profit after tax to ₹475 crore, while its loan disbursements increased by 28% over the same period. The firm also saw assets under management grow 19% to ₹65,992 crore, and its net Stage 3 asset proportion improved to 0.91% as of the end of September.
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India revenue grew 67 per cent year-on-year, driven by DC investments, demand for PCs and mobility devices, and continued adoption of cloud and cybersecurity solutions
RSS excerpt
India revenue grew 67 per cent year-on-year, driven by DC investments, demand for PCs and mobility devices, and continued adoption of cloud and cybersecurity solutions
