Business Economy


Sund Fin disbursements grew by 25 pc to Rs.19,302 cr in H1

Chennai, Nov 4 (UNI) Sundaram Finance Limited (SFL) on Wednesday announced that has recorded a 25 per cent growth in disbursements in the H1 of the current fiscal.
A company statement here said the Board of Directors of SFL approved the unaudited standalone and consolidated financial results for the half year ended September 30, 2026, at its meeting held today.
Domestic economic momentum remained strong in Q2FY27 despite an increasingly challenging global environment. Renewed tensions in West Asia, crude oil price volatility and tighter global financial conditions increased inflationary and external-sector risks.
Against this backdrop, Team Sundaram delivered 19% AUM growth to Rs. 65,992 crores, asset quality with net stage 3 assets at 0.91% against 1.13% last year, and 21% year-on-year growth in profit after tax. "Our Group companies in asset management, general insurance and home finance continued to report strong results. We remain committed to our time-tested approach of steady,sustainable growth,
best-in-class asset quality and consistent profitability,” Harsha Viji, Executive Vice Chairman, said.
The AUM for H1 grew 19% to Rs. 65,992 crores. Disbursements recorded a growth of 25 per cent over H1FY26 and for Q2FY27, disbursements grew 28% Y-o-Y. Gross stage 3 assets as on September 30, 2026, stood at 1.84% with provision cover of 51% as against 2.03% as on September 30, 2025, with provision cover of 45%.
Profits from operations performed strongly, growing by 23% in H1 and 11% in Q2, Profit after tax registered a 21% rise in H1 with net profit at Rs. 997 crores and for Q2, PAT grew 21% to Rs. 475 crores. Return on assets closed at 2.86% in H1 as against 2.72% and capital adequacy at 18.5% remained quite comfortable.
Company Managing Director Rajiv Lochan said “Our outlook for H2 is constructive on growth coupled with a need for monitoring external factors around geopolitical tensions, monetary policy direction and the impact to sentiment of the below normal monsoon."
"We have entered H2 with strong momentum and a superior asset-quality position than last year. As the rate cycle turns, our focus is to sustain growth, improve asset quality further and build resilience in profitability through disciplined pricing, optimal asset mix and early intervention on collections. As always, we will take a long-term, through-cycle view in delivering the Sundaram experience to our customers, partners and employees", he added.
UNI GV 1540
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