Wednesday, May 7 2025 | Time 23:11 Hrs(IST)
Business Economy


SHF Q4 net profit up 26 pc

Chennai May 6 (UNI) Sundaram Home Finance (SHF) has registered a 26% rise in its Net Profit for the Q4 ended March 31, 2025 at Rs. 71.57 crores as compared to Rs. 56.80 crores registered in the corresponding quarter of the previous year.
Driven by growth in small towns, disbursements for Q4 went up 31% to Rs.1929 crores compared to Rs. 1469 crores in the same period last year.
For the full year ended March 31, it registered a 4% increase in its net profit at Rs. 244.66 crores compared to Rs. 235.82 crores registered in the corresponding period of the previous year.
Disbursements for the full year went up 29% to Rs. 6517 crores as compared to Rs. 5039 crores, a company release said here today.
Company MD D. Lakshminarayanan said, “In line with our growth strategy of penetrating deep into smaller towns, we focused on Tier 2 and 3 towns for expansion last year. In our 25th year of operations, we have been able to register strong disbursements growth of around 30% driven by our push in small towns and expansion of our branch network across the country.”
To fund its growth plans, the company plans to raise over Rs. 6000 crores this year through a mix of
refinance from NHB, Bank Debt, Debentures and Fixed Deposits, he said.
UNI GV 1745
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