Sundaram Finance Limited — Updates, 04-11-2024: Press Release

Sundaram Finance reported record disbursements of Rs. 13,768 crores and a 20% growth in assets under management to Rs. 48,058 crores for H1FY25. Net profit remained stable at Rs. 648 crores, while profits from operations increased by 23%. The company enhanced asset quality, with gross stage 3 assets improving to 1.62%. Despite lower economic activity, Sundaram Finance remains cautiously optimistic for H2FY25, focusing on sustainable growth and customer experience.