Disbursements for the June 2025 quarter rose 10% to ₹1,488 crore, compared to ₹1,353 crore recorded in the corresponding quarter of the previous year, according to a statement.
Assets Under Management (AUM) registered a 24% rise and stood at ₹18,027 crore as of June 30, 2025, compared to ₹14,533 crore as of June 30, 2024.
Sundaram Home Finance, which crossed the milestone of ₹1,000 crore in disbursements outside South India in FY25, is continuing its expansion beyond the southern market.
In Q1, the company expanded its presence in Gujarat to four branches, including the opening of a new branch in Surat. It is targeting disbursements of around ₹180 crore in Gujarat this year, having recorded ₹129 crore in the state last year.
On the company’s focus on smaller towns, D Lakshminarayanan, Managing Director, Sundaram Home Finance, said, “We are continuing to focus on Tier 2 and 3 towns for our expansion. We believe there is good potential in smaller towns to establish and grow the Emerging Business segment, and this will lay the foundation for future growth.”
During the first quarter, the company also expanded its presence in Madhya Pradesh by opening two new branches, in Ratlam and Pithampur.
On growth areas, Lakshminarayanan added, “While we will play to our strengths in Southern markets, we will look for growth opportunities in select geographies outside the South in the prime home finance segment.”
