Sundaram Finance Q4 Results: Revenue up 5%, profit aided by no exceptional loss; ₹21 dividend declared

Sundaram Finance delivered a healthy performance in the March quarter, with net profit doubling year-on-year to ₹553 crore, up from ₹268 crore a year earlier. The sharp increase was aided by the absence of exceptional losses, which stood at ₹91.7 crore in Q4FY24.

Revenue for the quarter rose 4.8% YoY to ₹2,259 crore, supported by steady asset performance and a surge in other income, which jumped to ₹41.17 crore from just ₹1.38 crore in the same period last year.

The Board has recommended a final dividend of ₹21 per share for FY25. This brings the total dividend payout for the year to ₹35 per share, including the ₹14 interim dividend paid in February. The final dividend, if approved by shareholders, will be paid on or after July 24, 2025.

Following the earnings announcement, shares of Sundaram Finance rose to an intraday high of ₹5,415.45—marking a 2.5% gain over the previous close of ₹5,280.95. At 2:57 PM, the stock was trading 1.5% higher at ₹5,359.90 on the BSE.

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Additionally, the Board has approved the re-appointment of Mr Ganesh Lakshminarayan as Independent Director for a further five-year term starting August 12, 2025, subject to shareholder approval.