Sundaram Finance reports 39% profit surge in Q1

Sundaram Finance reported profit after tax surged 39% year-on-year to Rs. 429 crores for Q1FY26. Assets under management rose 17% to Rs. 53,278 crores while disbursements grew 6% to Rs. 7,310 crores.

Return on assets improved to 2.91% though gross stage 3 assets increased to 1.91% from 1.56% in the prior year quarter. The capital adequacy ratio remained at 20.0%.

Royal Sundaram's gross written premium grew 16% to Rs. 1,289 crores.