Sundaram Home Finance Reports 18% Rise in Q3 FY24 Net Profit

06 Feb 2024 CW Team

Sundaram Home Finance has showcased strong financial performance in the third quarter of the fiscal year 2024, as reported by Economic Times. The housing finance company recorded a notable 18% increase in its net profit, reaching Rs 62.28 crore.

The positive financial results can be attributed to strategic initiatives and effective management in a dynamic market. Sundaram Home Finance has been actively navigating challenges and capitalizing on opportunities within the housing finance sector.

Despite the ongoing economic uncertainties, Sundaram Home Finance's Q3 FY24 performance reflects resilience and adaptability. The company's ability to maintain a steady growth trajectory underscores its commitment to financial stability and customer-centric operations.

This noteworthy financial achievement positions Sundaram Home Finance as a key player in the housing finance industry. Investors and stakeholders are likely to view this performance positively, affirming the company's credibility and market standing.

As Sundaram Home Finance continues to navigate the evolving landscape of the real estate and financial sectors, the Q3 FY24 results serve as a testament to its sound business strategies and ability to thrive in a challenging environment.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..