Business Economy


Sund Home Fin Q2 Net Profit up 20 pc at Rs.90 cr

Chennai, Oct 29 (UNI) Sundaram Home Finance on Thursday announced it has registered a 20% increase in its Net Profit for the Q2 ended 30th September 2026 at Rs.90 crores as against Rs.75 crores registered in the corresponding quarter of the previous year.
Overall disbursements went up 31% to Rs. 2199 crores as compared to Rs.1681 crores and Assets Under Management went up 14% to Rs.21,213 crores compared to Rs.18,572 crores.
Disbursements from the Emerging Business segment comprising of Affordable Housing Finance and small ticket loans went up 63% to Rs.238 crores from Rs.146 crores. Net Profit recorded 29% growth in first half of this fiscal at Rs.175 crores as against Rs.136 crores registered in the corresponding first half of the previous year. Overall disbursements for the first half went up 22% to Rs.3,864 crores as compared to Rs.3170 crores.
Commenting on the performance, Company MD D.Lakshminarayanan said “during the first half of the year, we expanded our branch network into small towns across the South market and have added close to 50 new branches over the last 12 months. This led us to almost doubling our Emerging Business disbursements in the first half to Rs.418 crores.”
On the outlook for the second half, he said, “We believe the housing demand in the mid segment continues to remain robust with volumes largely driven by small towns. With the setting up of over 120 Emerging Business branches, we are now well poised to leverage this network to take the growth momentum into the rest of the year. We will continue to invest in infrastructure in Tier 3 and 4 towns across South India in the second half.”
UNI GV 1645
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