Sundaram Finance Limited — Updates, 03-02-2025: Press Release

Sundaram Finance reported record-breaking disbursements of ₹21,532 crores for the nine months ended December 31, 2024, reflecting an 8% increase YoY. Assets Under Management (AUM) surged 19% to ₹50,199 crores. Net profit rose 5% to ₹997 crores, while profits from operations increased by 22%. Despite a below-par economic activity in Q3, the company maintained asset quality with Gross Stage 3 assets improving to 1.70% from 1.77% YoY.

The firm declared an interim dividend of ₹14 per share, yielding a positive outlook. Sundaram's approach of sustainable growth, combined with improved asset quality and profitability, positions it well for future growth. The consolidated profit after tax also saw a 14% uplift, reaching ₹1,326 crores. Overall, the results indicate strong resilience and potential growth amid a tightening collections environment, making it a stock to watch closely for retail investors.