+
Sundaram Finance Net Profit Rises to Rs 15.43 Billion
ECONOMY & POLICY

Sundaram Finance Net Profit Rises to Rs 15.43 Billion

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 

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 

Next Story
Infrastructure Urban

APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent defici..

Next Story
Infrastructure Transport

Cabinet Approves Phase-1B of Lucknow Metro Rail Project Worth Rs 58.01 Bn

The Union Cabinet, led by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project in Uttar Pradesh. This phase covers an 11.165 km corridor with 12 stations—7 underground and 5 elevated—extending the city’s metro network to 34 km upon completion.Phase-1B targets the dense, historic parts of Lucknow, enhancing connectivity across key commercial, healthcare, tourist, and culinary hubs. Important areas served include Aminabad, Yahiyaganj, Pandeyganj, Chowk, King George’s Medical University, and landmarks like Bara Imambara and Rumi Darwaza.This expansion prom..

Next Story
Infrastructure Transport

Major Upgrades Planned for Tamil Nadu’s National Waterways

Tamil Nadu is poised for significant infrastructure upgrades across its National Waterways (NWs), with a focus on developing jetties, cargo hubs, and cruise tourism circuits, according to the Ministry of Ports, Shipping and Waterways. These projects aim to promote sustainable inland water transport and boost regional economic activity.Key projects include the development of Buckingham Canal (part of NW-4), with jetties planned at the following locations:Mahabalipuram to Ediyur BridgeCooum River near Marina BeachPulicat LakeEnnore Port to ETPS, specifically for cargo operationsOther National Wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?