Image Source : en.wikipedia.org
Sundaram Finance Ltd reported a consolidated revenue of ₹23.86 billion and a net profit of ₹4.88 billion for the September quarter. In a strategic move, the company also approved the acquisition of CapitalGate Investment Advisors for ₹350 million, strengthening its foothold in the investment advisory segment.
Show more
Sundaram Finance Ltd has posted a robust financial performance for the second quarter of FY26, underscoring its operational resilience and strategic clarity. Alongside its earnings, the company announced a significant acquisition aimed at expanding its presence in the wealth and investment advisory space.
Key Highlights:
- Consolidated total revenue from operations stood at ₹23.86 billion for the September 2025 quarter.
- Net profit for the quarter reached ₹4.88 billion, reflecting healthy margins and operational efficiency.
- The Board of Directors approved the acquisition of CapitalGate Investment Advisors.
- The acquisition is valued at ₹350 million and is expected to enhance Sundaram Finance’s capabilities in the investment advisory domain.
- This move aligns with the company’s broader strategy to diversify its financial services portfolio and tap into the growing demand for wealth management solutions.
The twin announcements signal Sundaram Finance’s commitment to both financial performance and long-term strategic growth, positioning it as a more holistic financial services provider.
Sources: Company filings, Reuters, Economic Times
Stay Ahead – Explore Now!
Kirloskar Pneumatic Delivers Solid Q1 Performance with ₹2.82 Billion Revenue, ₹266 Million Profit
Advertisement
Advertisement