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Informist, Monday, Aug. 3, 2026

 

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--Sundaram Finance Apr-Jun net profit INR 5.22 bln vs INR 4.29 bln yr ago 
--Sundaram Finance Apr-Jun revenue INR 20.76 bln vs INR 18.83 bln yr ago 
--Sundaram Finance capital adequacy ratio 18.49% as on Jun 30 
--Sundaram Finance AUM at INR 622.75 bln on Jun 30, up 17% on year 
--Sundaram Finance disbursements INR 89.47 bln on Jun 30, up 22% on yr 
--Sundaram Finance Apr-Jun net interest income INR 9.25 bln, up 19% on yr 

 

By Kabir Sharma

 

MUMBAI – Strong growth in disbursements helped Sundaram Finance Ltd.'s bottom line for the June quarter rise 22% on year. Sharp growth in assets under management and an improvement in asset quality also helped the bottom line rise.

 

The non-bank financier reported a net profit of INR 5.22 billion for the quarter. Its disbursements in the period also grew 22% on year to INR 89.47 billion.

 

The company's overall assets under management rose 17% on year to INR 622.75 billion as of Jun. 30. "Q1 FY27 (Apr-Jun) opened with stronger demand than Q1 FY26, despite a more complex macro backdrop marked by West Asia tensions, higher energy and commodity prices, supply-chain disruption and monsoon uncertainty... We remain committed to our time-tested approach of steady, sustainable growth, best-in-class asseet quality, and consistent profitability," Harsha Viji, executive vice-chairman, said in a press release.

 

The company's net interest income for the June quarter grew 19% on year to INR 9.25 billion. In the corresponding quarter a year ago, its net interest income was INR 7.81 billion. The cost to income ratio in the reporting quarter was 30.70% against 29.84% a year ago.

 

A dip in impairment on financial instruments also supported the company's net profit. Impairment on financial instruments fell 31% on year to INR 1.09 billion.

 

However, a 21% rise in employee benefit expenses capped the increase in net profit. Employee benefit expenses rose to INR 2.13 billion in the June quarter from INR 1.76 billion in the year-ago quarter.

 

In terms of asset quality, Sundaram Finance's gross stage 3 assets as on Jun. 30 were at 1.71% with a provision cover of 49%, against 1.91% as on Jun. 30, 2025, with provision cover of 44%. Return on assets closed at 3.06% in Apr-Jun against 2.91% a year ago. Capital adequacy at 18.5% remained comfortable.

 

Monday, shares of Sundaram Finance ended at INR 4,828.70 on the National Stock Exchange, up 3.5% from Friday.  End

 

Edited by Rajeev Pai

 

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