Sundaram Home Finance Eyes Impressive Expansion Amidst Soaring Profits
Sundaram Home Finance, a subsidiary of Sundaram Finance Ltd, reveals robust growth prospects in the latter half of the financial year. Reporting a 69% profit increase, the company plans to expand its footprint in smaller towns, particularly in South India. The Emerging Business segment shows exceptional growth, tripling disbursements.
- Country:
- India
Sundaram Home Finance, headquartered in Chennai, is poised for substantial growth in the second half of the fiscal year, according to Managing Director D Lakshminarayanan. The company, which provides home and property loans, has already witnessed a 69% increase in net profit for the July-September 2025 quarter.
Total disbursements rose by 9%, reaching Rs 1,681 crore, showcasing significant advancement in its Emerging Business segment, which focuses on providing small-ticket loans. This sector has more than tripled its disbursements compared to the previous year, highlighting Sundaram's successful expansion into southern regions, including Karnataka.
Looking forward, Lakshminarayanan emphasizes the firm's commitment to expanding its presence in Tier III and IV towns across South India. With plans to establish up to 10 new branches in Karnataka by year-end, Sundaram Home Finance is strategically positioning itself to capitalize on increasing economic activity and employment opportunities in these areas.
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