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Sundaram Home Finance, a subsidiary of Sundaram Finance Ltd, reported a strong performance in the July-September 2025 quarter with a 69% rise in net profit to INR 74.68 crore. The company's total disbursements increased by 9% to INR 1,681 crore, while its Assets Under Management reached INR 18,753 crore, up 21% year-on-year. Its Emerging Business segment, which focuses on small-ticket loans, recorded a threefold increase in disbursements and expanded its network to over 50 branches. The company remains confident of maintaining its growth in the second half of the financial year.
Sundaram Home Finance, the housing finance arm of Sundaram Finance Ltd, has expressed confidence in sustaining strong growth during the remaining half of the current financial year. The company, headquartered in Chennai, offers a range of products including home loans, plot loans, and loans against property. Advertisement
The company's performance during the July-September 2025 quarter showed significant improvement. Net profit rose by 69% to INR 74.68 crore compared to INR 44.15 crore in the same period last year. Total disbursements during the quarter increased by 9% to INR 1,681 crore, as against INR 1,543 crore in the corresponding quarter of the previous financial year.
The company's Assets Under Management stood at INR 18,753 crore as of the end of September 2025, marking a 21% rise from INR 15,405 crore a year earlier. Growth was particularly strong in the Emerging Business (EB) segment, which provides small-ticket loans of up to INR 20 lakh. Disbursements in this segment more than tripled to INR 146 crore from INR 42 crore a year ago.
Sundaram Home Finance has also expanded its EB branch network to more than 50 locations and recorded over INR 50 crore in disbursements for the first time in September. The company recently entered the Karnataka market and plans to establish 8-10 additional branches in the state by the end of the financial year.
Managing Director D. Lakshminarayanan stated that the company had expanded its branch network in smaller towns across South India, which helped fuel growth in the Emerging Business segment. He mentioned that disbursements in this category nearly tripled to around INR 150 crore during the second quarter. Lakshminarayanan also noted that Sundaram Home Finance aims to extend its presence to more towns in southern India and sustain its growth momentum. He pointed out that rising economic activity and better employment opportunities in Tier III and IV towns are expected to play a major role in driving future expansion.
Source PTI
5th Jun, 2025
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