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Sundaram Home Finance reported a 37% year-on-year increase in net profit to INR 85 crore for the quarter ended 30 June 2026, supported by higher loan disbursements and continued expansion in its Emerging Business (EB) segment. Total disbursements rose 12% to INR 1,665 crore, while assets under management increased 11% to INR 20,325 crore. The lender's EB segment, comprising affordable housing finance and small-ticket loans, recorded more than double the disbursements of the corresponding quarter last year. The company attributed the growth to rising housing demand in smaller towns and plans to strengthen its presence by opening 25 additional EB branches during the current financial year.
Sundaram Home Finance has reported a net profit of INR 85 crore for the first quarter ended 30 June 2026, marking a 37% increase from INR 62 crore recorded during the corresponding period of the previous financial year. The housing finance company also registered growth in loan disbursements and assets under management, supported by strong performance in its Emerging Business (EB) segment.
Total loan disbursements during the quarter increased by 12% year-on-year to INR 1,665 crore, compared with INR 1,488 crore in the same quarter last year. Assets under management (AUM) stood at INR 20,325 crore as of 30 June 2026, representing an 11% increase from INR 18,027 crore recorded a year earlier.
The company's Emerging Business segment, which includes affordable housing finance and small-ticket loans, recorded the strongest growth during the quarter. Disbursements in the segment more than doubled to INR 180 crore from INR 83 crore in the corresponding quarter of the previous year.
D. Lakshminarayanan, Managing Director of Sundaram Home Finance, said economic growth in smaller towns was contributing to rising home ownership and improved affordability, creating growth opportunities for the company. He added that the expansion of the lender's operations across southern India had supported healthy growth in the Emerging Business segment during the first quarter.
Commenting on the company's outlook, Lakshminarayanan said Sundaram Home Finance would continue to focus on smaller towns, where it sees significant potential for affordable housing finance, particularly in Tier III and Tier IV markets. He added that the company plans to expand its Emerging Business network by opening 25 additional branches during the current financial year to strengthen its reach in these locations.
He further stated that the company expects its prime home finance business to record steady growth during the year, with continued emphasis on the mid-income housing segment.
Sundaram Home Finance, a wholly owned subsidiary of Sundaram Finance, offers a range of lending products including home loans, plot loans, home improvement and extension loans, affordable housing finance, loans against property and small-ticket business loans for entrepreneurs. The company's latest quarterly performance reflects continued growth across its lending portfolio, with expansion in affordable housing and financing for smaller towns remaining a key component of its business strategy.
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