Sundaram Finance Net Profit Rises to Rs 15.43 Billion
27 May 2025 CW Team
Sundaram Finance Ltd reported audited financials for FY25, posting a profit after tax of Rs 15.43 billion, up six per cent from FY24. After adjusting for exceptional items, profit rose sixteen per cent. Assets under management stood at Rs 514.76 billion, marking a seventeen per cent increase.
Disbursements reached Rs 284.05 billion, up nine per cent. Net interest income grew twenty-two per cent to Rs 27.93 billion. Return on assets was 2.85 per cent, and capital adequacy remained strong at 20.4 per cent. A final dividend of Rs 21 per share was declared.
Gross Stage three assets increased to 1.44 per cent with forty-nine per cent provision cover. Net Stage three stood at 0.75 per cent.
On a consolidated basis, the group’s AUM in lending and general insurance businesses rose eighteen per cent to Rs 781.45 billion. Profit after tax grew thirty-one per cent to Rs 18.79 billion. Group firms in asset management, general insurance, and housing finance reported strong performance.
Established in 1954, Sundaram Finance offers diverse financial services including vehicle, equipment, SME, and housing finance. The firm remains focused on quality growth and shareholder value while continuing to expand its national footprint.
Source:Press release by Sundaram Finance Ltd