Versuchen GOLD - Frei
Sundaram Finance AUM Rises 17% to Rs 51,476 Cr
The Business Guardian
|May 29, 2025
The Board of Directors of Sundaram Finance Ltd. (SFL) approved the audited standalone and consolidated financial results for the year ended March 31, 2025, at its meeting held on May 26, 2025, in Chennai.
"Team Sundaram has delivered 17% growth in AUM to Rs. 51,476 crores, 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," said Harsha Viji, Executive Vice Chairman.
-Disbursements grew by 9% in FY25 to Rs. 28,405 crores.
-Profits from Operations up by 29% in FY25
-Gross Stage 3 assets stood at 1.44% (1.26% as of March 31, 2024) and Net Stage 3 assets at 0.75% (0.63% as of March 31, 2024)
-Disbursements for Q4FY25 up by 11% over Q4FY24
-Profit after tax closed at Rs.1,543 crores, up by 6% over FY24
-ROA at 2.85% for FY25 (3.18% for FY24)
-Capital Adequacy Ratio at 20.4% (20.5% for FY24)
Diese Geschichte stammt aus der May 29, 2025-Ausgabe von The Business Guardian.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Business Guardian
The Business Guardian
India must boost demand and ease rules to strengthen manufacturing: Godrej
India needs stronger domestic demand and simpler rules for small businesses to push its manufacturing growth, Jamshyd Godrej, Managing Director of Godrej & Boyce, said on Wednesday.
1 mins
November 27, 2025
The Business Guardian
Cabinet clears two rail multitracking projects adding 224 km across Maha, Gujarat
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two multitracking projects of the Ministry of Railways covering four districts across Maharashtra and Gujarat.
1 mins
November 27, 2025
The Business Guardian
Cabinet approves Rs 7280 crore Rare Earth Permanent Magnets scheme
In a significant initiative aimed at enhancing self-reliance and positioning India as a key player in the global REPM market, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with a financial outlay of Rs 7,280 crore.
1 mins
November 27, 2025
The Business Guardian
Nvidia defends AI lead after $250 billion jolt on 'Google deal' buzz
Nvidia, the AI chip giant, publicly defended its market dominance after reports surfaced of Meta Platforms considering billions in spending on Google’s competing AI chips.
2 mins
November 27, 2025
The Business Guardian
Miranda House unveils digital museum honouring women Constitution makers
Marking Samvidhan Divas, Delhi University’s Miranda House unveiled a digital and interactive museum dedicated to the 15 women members of the Constituent Assembly who played a vital role in shaping the Indian Constitution.
1 min
November 27, 2025
The Business Guardian
UIDAI begins clean-up, disables 2 crore Aadhaar IDs of deceased persons
The Unique Identification Authority of India (UIDAI) has deactivated more than two crore Aadhaar numbers belonging to deceased individuals, marking one of the largest cleanup exercises of the national identity database.
1 min
November 27, 2025
The Business Guardian
Safran vows to raise sourcing from India by five times
Safran CEO Olivier Andriès also vowed that it will triple its revenue in India to exceed 3 billion euros by 2030, of which half will be generated by its sites in India.
2 mins
November 27, 2025
The Business Guardian
Delhi crowd pays tribute to Guru Tegh Bahadur after blast
Delhi Home Minister Ashish Sood on Wednesday said that the gathering of lakhs of people at the Red Fort to commemorate the 350th martyrdom anniversary of Guru Tegh Bahadur — the same site where a bomb blast took place recently — reflected the capital's collective spirit and served as a powerful response to terrorists.
1 min
November 27, 2025
The Business Guardian
Will always be remembered as historical festival: CM
Delhi Chief Minister Rekha Gupta described the programme commemorating the 350th martyrdom anniversary of Sri Guru Tegh Bahadur Ji as a “historical festival” for the city, praising the massive participation of devotees from across the country.
1 min
November 27, 2025
The Business Guardian
SAFRAN MRO IN HYDERABAD TO ATTRACT MORE GLOBAL INVESTORS
The MRO facility will be a huge step towards the goal of Aatmanirbharta in the aviation sector. Developing indigenous capabilities in MRO will reduce foreign exchange outflows
2 mins
November 27, 2025
Listen
Translate
Change font size

