Sundaram Home Finance Q2 Net up 20%

Sundaram Home Finance said its second quarter net profit increaded 20 per cent to Rs 90 crore from Rs 75 crore in the comparable period last year.

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Overall disbursements went up 31 per cent to Rs. 2,199 crore in the second quarter from Rs 1,681 crore in the same period last year.

The company’s Assets Under Management (AUM) went up 14 per cent to Rs. 21, 213 crore as on 30th September 2026 from Rs. 18, 572 core as on 30th September 2025.

Disbursements from the Emerging Business segment comprising of Affordable Housing Finance and small ticket loans went up 63 per cent to Rs. 238 crore in the second quarter from Rs 146 crore in the same period last year.

For the first half of FY2027, the net profit rose 29 per cent to Rs.175 crore from Rs 136 crore in the year ago period, while overall disbursements increased 22 per cent to Rs 3,864 crore from Rs 3,170 crore.

“During the first half of the year, we expanded our branch network into small towns across the South market and have added close to 50 new branches over the last 12 months. This led us to almost doubling our Emerging Business disbursements in the first half to Rs. 418crore,” D. Lakshminarayanan, Managing Director, Sundaram Home Finance said.

In the second half, he expects the housing demand in the mid segment to remain robust with volumes largely driven by small towns.

“With the setting up of over 120 Emerging Business branches, we are now well poised to leverage this network to take the growth momentum into the rest of the year. We will continue to invest in infrastructure in Tier 3 and 4 towns across South India in the second half,” Lakshminarayanan said.

 

 

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