SF Holdings Q1 profit surges 80% to ₹5.13 cr.
The Hindu
‘Auto still scarred by downturn’
Sundaram Finance Holdings Ltd. (SF Holdings) reported first quarter net profit grew 80% to ₹5.13 crore while revenue rose 13% to ₹10.50 crore. SF Holdings primarily operates as a holding company owning a portfolio of businesses engaged in various aspects of automotive manufacturing. While performance of portfolio companies is improving, they are still below FY20 on account of the downturn in the automotive industry, SF Holdings said.
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