Finance company Sundaram Finance announced Q1FY26 results Q1FY26 Consolidated Financial Highlights: The assets under management (AUM) in our lending and general insurance businesses stood at Rs 80,939 crore as on 30th June 2025 as against Rs 69,234 crore as on 30th June 2024, a growth of 17%. The assets under management of our asset management business stood at Rs 80,501 crore as on 30th June 2025 as against Rs 80,565 crore as on 30th June 2024. Profit after tax for Q1FY26 grew by 9% to Rs 475 crore as compared to Rs 435 crore in Q1FY25. Q1FY26 Standalone Financial Highlights: Disbursements for Q1FY26 grew by 6% to Rs 7,310 crore as compared to Rs 6,908 crore registered in Q1FY25. The assets under management grew by 17% to Rs 53,278 crore as on 30th June 2025 as against Rs 45,671 crore as on 30th June 2024. Net interest income grew by 25% to Rs 781 crore in Q1FY26 from Rs 623 crore in Q1FY25. Gross stage 3 assets as on 30th June 2025 stood at 1.91% with 44% provision cover as against 1.56% with provision cover of 47% as on 30th June 2024. Net stage 3 assets as on 30th June 2025 closed at 1.08% as against 0.84% as on 30th June 2024. The Gross and Net NPA, as per RBI’s asset classification norms for NBFCs, are 2.66% and 1.71% respectively as against 2.21% and 1.41% as of 30th June 2024. Cost to income ratio improved to 29.84% in Q1FY26 as against 32.90% in Q1FY25. Profits from operations grew 14% to Rs 436 crore in Q1FY26 as against Rs 383 crore in Q1FY25. Higher dividend income resulted in profit after tax registering 39% rise in Q1FY26, with net profit at Rs 429 crore as against Rs 308 crore in Q1FY25. Return on assets (ROA) for Q1FY26 closed at 2.91% as against 2.38% for Q1FY25. Return on equity (ROE) was at 16.70% for Q1FY26 as against 13.64% for Q1FY25. Capital Adequacy Ratio stood at 20.0% (Tier I –17.3%) as of 30th June 2025 compared to 19.3% (Tier I – 16.2%) as of 30th June 2024. Harsha Viji, Executive Vice Chairman, said: “Q1FY26 has seen continued macroeconomic sluggishness of the past few quarters and economic activity has been slower compared to Q1FY25. Under these circumstances, Team Sundaram has delivered 17% growth in AUM to Rs 53,278 crore, asset quality with net stage 3 at 1.08% vs 0.84% last year and profits after tax growing 39% YoY. Our Group companies in asset management, general insurance and home finance have continued their trajectory from FY25 and recorded strong results. We continue to rely on our time-tested approach of steady and sustainable growth with best-in-class asset quality and consistent profitability." Rajiv Lochan, Managing Director, said: “Overall, for the quarter, industry sales in segments and geographies we operate in were well below market expectations. Our focus on extending our market share remains resolute. Looking ahead, the monsoons have been above normal, procurement likely to be robust and therefore, rural sentiment is expected to improve. Government infrastructure spending will also gain steam. However, geopolitical tensions & global macro conditions remain unpredictable. Given these external uncertainties, our Q2 priorities remain focused on improving our asset quality position significantly while driving growth in disbursements at healthy margins. We are well positioned to continue our marathon running and delivering the Sundaram experience to our customers, people and partners." Result PDF
Finance company Sundaram Finance announced Q4FY25 & FY25 results Consolidated Q4FY25 & FY25 Financial Highlights: The assets under management (AUM) in our lending and general insurance businesses stood at Rs 78,145 crore as on 31st March 2025 as against Rs 66,472 crore as on 31st March 2024, a growth of 18%. The assets under management of our asset management business stood at Rs 71,826 crore as on 31st March 2025 as against Rs 70,883 crore as on 31st March 2024. Profit after tax for FY25 grew by 31% to Rs 1,879 crore as compared to Rs 1,436 crore in FY24. Standalone Q4FY25 & FY25 Financial Highlights: Disbursements for Q4FY25 grew by 11% to Rs 6,873 crore as compared to Rs 6,209 crore registered in Q4FY24. Disbursements for FY25 grew by 9% to Rs 28,405 crore as compared to Rs 26,163 crore registered in FY24. The assets under management grew by 17% to Rs 51,476 crore as on 31st March 2025 as against Rs 43,987 crore as on 31st March 2024. Net interest income grew by 22% to Rs 2,793 crore in FY25 from Rs 2,284 crore in FY24 Gross stage 3 assets as on 31st March 2025 stood at 1.44% with 49% provision cover as against 1.26% with provision cover of 50% as on 31st March 2024. Net stage 3 assets as on 31st March 2025 closed at 0.75% as against 0.63% as on 31st March 2024. The Gross and Net NPA, as per RBI’s asset classification norms for NBFCs, are 2.17% and 1.38% respectively as against 1.98% and 1.25% as of 31st March 2024. Cost to income ratio improved to 30.80% in FY25 as against 34.68% in FY24. Profit after tax registered a 6% rise in FY25, with net profit at Rs 1,543 crore. After excluding exceptional item in FY24, profit after tax rose 16% in FY25. Return on assets (ROA) for FY25 closed at 2.85% as against 3.18% for FY24. Return on equity (ROE) was at 16.30% for FY25 as against 17.51% for FY24. The Company has declared a final dividend of Rs 21/- per share (210%). Harsha Viji, Executive Vice Chairman. said, “Team Sundaram has delivered 17% growth in AUM to Rs 51,476 crore, asset quality with net stage 3 at 0.75% vs 0.63% last year and profits from operations growing 29% year-on-year. Our Group companies in asset management, general insurance and home finance have continued their trajectory from FY24 and recorded strong results. We continue to rely on our time-tested approach of steady and sustainable growth with best-in-class asset quality and consistent profitability," Rajiv Lochan, Managing Director, stated, “FY25 was marked by subdued demand due to an extreme summer, general elections, a dull festive season and global volatility driven by tariff-related uncertainty as well as geopolitical complications. Customer outlook was, by and large, cautious and the burden of economic growth was largely supported by Government capex, which ended up at levels lower than the previous year. Given the uncertainties in the external demand, our focus on market share has remained clear. We have gained market share across nearly major asset classes that we focus on, resulting in 17% growth in AUM for FY25 and our laser-sharp focus on controlling our costs – borrowing, operating & credit – resulted in a 29% growth in profits from operations.” “Looking ahead, we expect macroeconomic sentiments to improve on the rural front because of above normal monsoons forecasted by the IMD and strong procurement, and, on the urban front, due to an improvement in government spending on infrastructure as well as the income tax benefits announced in the union budget. As private consumption improves, private sector capex will likely pick up. We are well positioned to continue our marathon running - steady growth, best-in-class asset quality and continued resilient profitability - and in delivering the Sundaram experience to our customers, people and partners,” he added. Result PDF