Sundaram Finance (SUNDARMFIN) Q3 24/25 earnings summary

Executive summary

• Assets under management (AUM) reached ₹50,199 crore as of Dec 31, 2024, up 19% year-over-year.

• Disbursements for 9MFY25 grew 8% to ₹21,532 crore compared to 9MFY24.

• Net interest income rose 21.4% to ₹2,040 crore in 9MFY25.

• Profit after tax for 9MFY25 was ₹997 crore, up 5% year-over-year.

• Interim dividend of ₹14 per share (140%) declared, payable after 24th February 2025 to shareholders on record as of 7th February 2025.

Financial highlights

• Revenue from operations for 9MFY25 was ₹4,588 crore, up from ₹3,662 crore in 9MFY24.

• Standalone total income for Q3 FY25 was ₹1,663.76 crore, up from ₹1,351.70 crore in Q3 FY24; nine-month income reached ₹4,752.14 crore, up from ₹3,923.92 crore year-over-year.

• Standalone PAT for Q3 FY25 was ₹349.06 crore, up from ₹300.07 crore in Q3 FY24; nine-month PAT was ₹996.80 crore, up from ₹947.73 crore year-over-year.

• Consolidated PAT for Q3 FY25 was ₹455.47 crore, up from ₹398.16 crore in Q3 FY24; nine-month consolidated PAT was ₹1,326.47 crore, up from ₹1,168.11 crore year-over-year.

• Cost-to-income ratio improved to 31.37% in 9MFY25 from 35.12% in 9MFY24.

Outlook and guidance

• Economic activity in Q3FY25 was below expectations, with flat or declining industry sales in key segments.

• Market share was retained or extended in nearly all asset classes.

• Focus remains on prudent asset class and customer segment mix to optimize margins and risk management.