Archive · 26 May 2025
Sundaram Finance Anticipates Better Financial Year 2026
Sundaram Finance, a company that finances things like cars and tractors, is expecting a better financial year in 2026 after a less exciting 2025.
They saw their business grow, with more money lent out, but profits increased by only 6%.
The company's boss explained that 2025 was tough due to the hot weather, elections, and global uncertainties.
They are hoping for better times because of expected good rains, more government spending, and rising private consumption.
They also announced they will pay a dividend to their shareholders.
The company is keeping an eye on global issues like trade disputes.
Sundaram Finance anticipates a stronger FY26.
FY25 saw a 9% increase in standalone disbursements.
Net profit grew 6% in FY25.
Standalone asset under management grew 17% as of March 31, 2025.
Company declared a final dividend of ₹21 per share.
- Who
- Sundaram Finance Ltd.
- What
- Sundaram Finance anticipates better financial performance in FY26
- When
- FY25 and expecting improvement in FY26
- Where
- Chennai, India
- Why
- Due to subdued demand and external factors in FY25, expecting improvement due to various factors.
- FY25 Disbursements Increase
- 9%
- FY25 Net Profit Growth
- 6%
- FY25 AUM Growth
- 17%
- Final Dividend
- ₹21 a share