Latest news with #SundaramFinanceLtd
Time of India
26-07-2025
- Business
- Time of India
Sundaram Home Finance records net profit of ₹62 crore in Q1 FY26
CHENNAI : Sundaram Home Finance Ltd has reported a marginal decline in its net profits at Rs 62 crore for the April-June 2025 quarter, the company said on Saturday. The city-based company had registered a net profit of Rs 66 crore during the corresponding quarter of the last financial year. The disbursements made during the quarter under review grew to Rs 1,488 crore, as compared to Rs 1,353 crore disbursed during the same quarter of the last financial year. Sundaram Home Finance recorded a jump on its Assets Under Management (AUM) at Rs 18,027 crore as on June 30, 2025 from Rs 14,533 crore registered as on June 30, 2024, the company said in a statement here. During the June quarter, the company expanded its presence in Madhya Pradesh by opening two more new branches in Ratlam and Pithampur. Sundaram Home Finance is a wholly owned subsidiary of city-headquartered non-banking finance company Sundaram Finance Ltd. It provides home and plot loans, loans against property among others. The company has over 150 branches across the country.
Mint
09-07-2025
- Business
- Mint
Pfizer, Mphasis to Johnson Controls-Hitachi: 5 Key stocks to trade Ex-dividend today
Dividend Stocks: Pfizer, Mphasis Johnson Controls-Hitachi, SML ISUZU Ltd and Sundaram Finance Ltd are are the Key stocks to trade Ex-dividend today The record date for determining the list of eligible shareholders to receive the dividends announced by these companies was set for July 9, 2025. Investors to receive dividends from these companies were required to purchase shares at least one day prior to the record date in accordance with the T+1 settlement method for their names to appear in the list of eligible shareholders to receive the dividends. Pfizer Limited: For the fiscal year that ended on March 31, 2025, Pfizer had recommended a final dividend of Rs. 35/- per equity share of Rs. 10/- each (350%) and a special dividend of Rs. 100/- per equity share of Rs. 10/- each (1000%) in recognition of the company's 75th anniversary in India. Additionally, Pfizer had recommended a special dividend of Rs. 30/- per equity share of Rs. 10/- each (300%) in view of the gain on transfer of assignment of leasehold land and building constructed on such land thereon, for a dividend of Rs. 165/- per equity share of Rs. 10/- each (1650%). Mphasis: For the year ending March 31, 2025, a dividend recommendation of ₹ 57/- per equity share of ₹ 10/- each is made; this is contingent upon shareholder acceptance at the subsequent Annual General Meeting. Johnson Controls-Hitachi Air Conditioning India Limited: The company's board declared an interim dividend of Rs. 36/- per equity share (360%) of Rs. 10/- each for the year 2025-26. As per Johnson Controls-Hitachi, the interim dividend will be paid on or before 24th July, 2025. SML ISUZU Limited: At its meeting on May 30, 2025, the Board of SML Isuzu recommended a final dividend for the fiscal year 2024–2025 of 180%, or Rs. 18/- per equity share (fully paid equity shares of Rs. 10 each). Sundaram Finance Ltd—For the fiscal year that concluded on March 31, 2025, the Board of Directors has suggested a final dividend of ₹ 21 per share (210%) on the paid-up capital of ₹ 111.10 crore. This will result in a total payment of ₹ 35/- per share (350%) for the fiscal year that ended on March 31, 2025, when combined with the interim dividend of ₹ 14/- per share (140%) paid on February 24, 2025. Elegant Marbles & Grani Industries Ltd. for a final dividend of Rs. - 1.00 Kabra Extrusiontechnik Ltd for a final Dividend of ₹ 2.50 per share S.J.S. Enterprises Ltd for a final Dividend of Rs. - 2.50 per share Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
The Hindu
26-06-2025
- Business
- The Hindu
Sundaram Home Finance aims to disburse ₹300 cr. in Madhya Pradesh
Sundaram Home Finance, the wholly-owned subsidiary of Sundaram Finance Ltd, has strengthened its footprint in Madhya Pradesh with the opening of two new branches, a top official said on Thursday. The city-headquartered company inaugurated a branch in Pithampur and Ratlam and has targeted disbursements of ₹300 crore in Madhya Pradesh this financial year. "This expansion in Madhya Pradesh is in line with our stated intent of identifying select growth opportunities in Tier II and III towns outside South India and building a stronger base in states where we already present in," Sundaram Home Finance MD D Lakshminarayanan said in a company statement here. The company currently operates two branches in Indore and one in Bhopal. With the current expansion in Pithampur and Ratlam, the total number of branches operated by Sundaram Home Finance in Madhya Pradesh increases to five. On the reasons behind expanding presence in Madhya Pradesh, Lakshminarayanan said the Central state is an important market for Sundaram Home Finance outside South India. "Rapid industrial growth is leading to increased affordability among the customers in that state. Over the last 12 months, we have seen a strong demand for home finance in larger towns like Indore and Bhopal in the mid-segment with a typical ticket size of about Rs 40 lakh", he said. He expected similar demand to continue for residential properties in Pithampur and Ratlam and expressed confidence of leveraging the increasing growth opportunities in Madhya Pradesh. The company crossed the milestone by disbursing ₹1,000 crore outside South India operations last year. The company has over 150 branches across the country.
Time of India
26-06-2025
- Business
- Time of India
Sundaram Home Finance aims to disburse Rs 300 crore in Madhya Pradesh
Sundaram Home Finance , the wholly-owned subsidiary of Sundaram Finance Ltd , has strengthened its footprint in Madhya Pradesh with the opening of two new branches, a top official said on Thursday. The city-headquartered company inaugurated a branch in Pithampur and Ratlam and has targeted disbursements of Rs 300 crore in Madhya Pradesh this financial year. "This expansion in Madhya Pradesh is in line with our stated intent of identifying select growth opportunities in Tier II and III towns outside South India and building a stronger base in states where we already present in," Sundaram Home Finance MD D Lakshminarayanan said in a company statement here. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bank Owned Properties For Sale In Bejaia (Prices May Surprise You) Foreclosed Homes | Search ads Search Now Undo The company currently operates two branches in Indore and one in Bhopal. With the current expansion in Pithampur and Ratlam, the total number of branches operated by Sundaram Home Finance in Madhya Pradesh increases to five. On the reasons behind expanding presence in Madhya Pradesh, Lakshminarayanan said the Central state is an important market for Sundaram Home Finance outside South India. Live Events "Rapid industrial growth is leading to increased affordability among the customers in that state. Over the last 12 months, we have seen a strong demand for home finance in larger towns like Indore and Bhopal in the mid-segment with a typical ticket size of about Rs 40 lakh", he said. He expected similar demand to continue for residential properties in Pithampur and Ratlam and expressed confidence of leveraging the increasing growth opportunities in Madhya Pradesh. The company crossed the milestone by disbursing Rs 1,000 crore outside South India operations last year. The company has over 150 branches across the country.
&w=3840&q=100)
Business Standard
26-06-2025
- Business
- Business Standard
Sundaram Home Finance aims to disburse ₹300 crore in Madhya Pradesh
Sundaram Home Finance, the wholly-owned subsidiary of Sundaram Finance Ltd, has strengthened its footprint in Madhya Pradesh with the opening of two new branches, a top official said on Thursday. The city-headquartered company inaugurated a branch in Pithampur and Ratlam and has targeted disbursements of Rs 300 crore in Madhya Pradesh this financial year. "This expansion in Madhya Pradesh is in line with our stated intent of identifying select growth opportunities in Tier II and III towns outside South India and building a stronger base in states where we already present in," Sundaram Home Finance MD D Lakshminarayanan said in a company statement here. The company currently operates two branches in Indore and one in Bhopal. With the current expansion in Pithampur and Ratlam, the total number of branches operated by Sundaram Home Finance in Madhya Pradesh increases to five. On the reasons behind expanding presence in Madhya Pradesh, Lakshminarayanan said the Central state is an important market for Sundaram Home Finance outside South India. "Rapid industrial growth is leading to increased affordability among the customers in that state. Over the last 12 months, we have seen a strong demand for home finance in larger towns like Indore and Bhopal in the mid-segment with a typical ticket size of about Rs 40 lakh", he said. He expected similar demand to continue for residential properties in Pithampur and Ratlam and expressed confidence of leveraging the increasing growth opportunities in Madhya Pradesh. The company crossed the milestone by disbursing Rs 1,000 crore outside South India operations last year. The company has over 150 branches across the country. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
