CHENNAI: Sundaram Finance Ltd (SFL) reported a net profit of 23 per cent at Rs 1,226 crore for the nine month period of FY26.
In Q3, disbursement grew 14 per cent to Rs 8,847 crore while Assets under management witnessed 16 per cent growth to Rs 58,236 crore.
During the period, the company has considered Rs 66 crore under ‘Exceptional Items’ for the incremental impact of the new Labour Codes. Consequently, for Q3, the net profit grew by 15 per cent to Rs 403 crore.
Noting that Q3FY26 was aided by macro economic tailwinds on the back of 8.2 per cent GDP growth and the impact of GST reforms, Harsha
Viji, executive vice chairman said consumption activity had picked up across sectors.
“Our group companies in asset management, general insurance and home finance have continued to record strong results. We continue to rely on our time-tested approach of steady and sustainable growth with best-in-class asset quality and consistent profitability,” he said.
Disbursements for 9MFY26 recorded a growth of 13 per cent over 9MFY25 and for Q3FY26, disbursements have grown 14 per cent Y-o-Y. Return on assets closed at 2.67 per cent in 9MFY26 as against 2.49 per cent for 9MFY25 and capital adequacy at 19.1 per cent remained quite comfortable.