Friday, May 23 2025 | Time 17:14 Hrs(IST)
Business Economy


SFH posts consolidated net profit of Rs.412.09 cr for the year ended Mar 31, 2025

Chennai, May 23 (UNI) Sundaram Finance Holdings (SFH) has registered a consolidated net profit of Rs 412.09 crores for the year ended 31st March 2025, as compared to Rs 533.14 crores registered in the previous financial year.
The profit before tax of the previous year includes Rs. 175.67 crores representing a one-time receipt on redemption of non-convertible redeemable preference shares of TVS Holdings Limited. Excluding this one – time receipt, the net profit for the year ended 31stMarch 2025 has gone up by 15.28%.
For the quarter ended 31st March 2025, the company has registered a consolidated net profit of Rs.107.12 crores, as compared to Rs.269.32 crores for the corresponding quarter of the previous financial year.
The profit before tax of the previous year includes Rs. 175.67 crores representing a one-time receipt on redemption of non-convertible redeemable preference shares of TVS Holdings Limited. Excluding this one – time receipt, the net profit for the quarter ended 31st March 2025 has gone up by 14.38%.
SF Holdings primarily operates as a holding company owning a portfolio of automotive businesses including foundries, wheels, brakes, turbo chargers, axles, and distribution of spare parts. As a result, dividend from portfolio companies forms a substantial part of the financial results. Dividend received from portfolio companies went up by 30.6% to Rs.209.52 crores for the year ended 31st March 2025, as compared to Rs. 160.40 crores during the financial year 2023-24.
On disinvestments, a company statement here said, as part of the company’s strategy to exit from non – core investments and invest the proceeds in the core investments in group companies, the company had during the financial year 2024 -25 exited Delphi TVS Technologies Limited; D2C Consulting Services Private Limited; Fettle Tone (partial exit) and Vishnu Forge Industries Limited.
The realized gain (net of tax) from the exit of the investments was Rs.53.99 crores reflected in OCI.
On acquisition, the company said it has acquired 100% stake in Forge 2000 Private Limited in the quarter ended 31st March 2025 for a consideration of Rs.16 crores. Forge 2000 Private Limited is primarily engaged in forging, pressing, stamping and roll forming of metal powder metallurgy and undertakes job work.
In April 2025, SF Holdings, along with Forge 2000 Private Limited, acquired 48.33% in the paid-up equity share capital of Axles India Limited offered by DANA Global Product Plc., the joint venture partner, who have exited the joint venture.
SF Holdings had also acquired 24.16% in the paid-up equity share capital of Axles and the balance 24.17% was acquired by Forge 2000 Private Limited.
Post acquisition, Axles has become a subsidiary of SF Holdings, effective 25th April 2025.
The Board of Directors have declared a Second Interim Dividend of Rs. 0.60/- per share (12%) for FY 24-25, in addition to an interim dividend of Rs. 3.70/- per share (74%) paid during February 2025. Further, the Board of Directors have recommended a final dividend of Rs.1.55/- per share (31%) for FY 24-25. This together with the Interim Dividends declared aggregates to a total dividend of
Rs. 5.85/- per share (117%) for FY 24-25.
UNI GV 0635
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