Try GOLD - Free

Sundaram Fin profit rises 16% on strong disbursals

Financial Express Chennai

|

November 04, 2025

SUNDARAM FINANCE ON Monday reported a 16% year-on-year rise in its standalone net profit for the second quarter at 394.2 crore, driven by higher disbursements during the festive season.

- FE BUREAU

The NBFC reported an 18% increase in revenue from operations to %1,615 crore. Disbursements grew 18% to 8,113 crore, from %6,860 crore in the year-ago period. Net interest income rose 21% to 822 crore.

“The festival period has been strong,” MD Rajiv Lochan said, adding that the company expects the impact of GST 2.0 on consumption to be buoyant, rural demand to improve after a healthy monsoon, and private sector capex to pick up in the coming quarters. “Consequently, our post-festival outlook for Q3 and H2 is optimistic.”

MORE STORIES FROM Financial Express Chennai

Financial Express Chennai

Airline moves Delhi HC for ₹900-crore IGST refund

Airline moves Delhi HC for ₹900-crore IGST refund

time to read

1 min

December 13, 2025

Financial Express Chennai

The future of Trump tariffs

IT REMAINS UNCERTAIN AS THE WORLD AWAITS THE PRONOUNCEMENT OF US SUPREME COURT

time to read

4 mins

December 13, 2025

Financial Express Chennai

BMW, Merc to become costlier from New Year

BMWAND MERCEDES-BENZ, India’s two biggest luxury automakers, will raise prices by as much as 3% and 2% respectively across their portfolios from January 1, 2026, as prolonged currency volatility and rising operating expenses squeeze margins.

time to read

1 min

December 13, 2025

Financial Express Chennai

India must build technology sovereignty: Zoho’s Vembu

ZOHO CORP FOUNDER and former CEO Sridhar Vembu warned Indian entrepreneurs against copying “Silicon Valley” business models and focus instead on building technology sovereignty in India.

time to read

1 min

December 13, 2025

Financial Express Chennai

Brookfield to invest $1 bn for Mumbai office block

CANADIAN INVESTOR AND developer Brookfield on Friday said it will develop a two million sq ft office project in Mumbai’s Powai district, investing about $1 billion (more than %9,000 crore) to build on a six-acre plot.

time to read

1 min

December 13, 2025

Financial Express Chennai

Govt allows coal linkage auction for all end uses

Exports of the fuel allowed for the first time

time to read

1 mins

December 13, 2025

Financial Express Chennai

Silver hits ₹2 lakh in futures trade

SILVER PRICES RALLIED on Friday to breach the record ₹2 lakh per kg mark in futures trade for the first time, riding on strong investor demand and positive global trends.

time to read

1 min

December 13, 2025

Financial Express Chennai

NTPC to float global bids for mega nuclear reactors soon

STATE-RUN NTPC IS planning to float a global tender for large nuclear power plants with a combined capacity of 6-10 gigawatts (GW) soon, marking India’s largest power producer’s graduation to utility-scale production of nuclear energy.

time to read

1 min

December 13, 2025

Financial Express Chennai

Chic, unique, boutique

THE AGONDA EDITION CELEBRATES THE SPIRIT OF GOA

time to read

1 mins

December 13, 2025

Financial Express Chennai

Rupee hits fresh closing low, drift may continue

It touched 90.56 against the dollar intra day

time to read

1 mins

December 13, 2025

Listen

Translate

Share

-
+

Change font size