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

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..