Sundaram Finance Limited — Important, 04-11-2024: Updates

Sundaram Finance reports a 20% year-on-year increase in Assets Under Management (AUM) to ₹48,058 crores for H1FY25, with disbursements growing by 3% to ₹13,768 crores. Despite a sluggish automotive market, the company maintains best-in-class asset quality, with Gross Stage 3 assets improving to 1.62%. Profit after tax remained flat at ₹648 crores, while Return on Equity (ROE) stands at 14.2%, demonstrating resilience amid industry challenges.