Sundaram Finance announced Q4FY22 results: Sundaram Finance Q4FY22 net profit up 43% at Rs. 299 crores and FY22 net profit up 12% at Rs. 903 crores Disbursements for FY22 up by 13% (core business up by 23%) at Rs. 13,275 crores; disbursements for Q4FY22 up 13% at Rs. 3751 crores Gross Stage 3 assets at 2.19% (3.39% as of December 31, 2021) and Net stage 3 assets at 1.07% (2.09% as of December 31, 2021) ROA at 2.5% (2.3% in FY21) and Capital Adequacy Ratio at 24.2% (22.1% in FY21) 100% final dividend (Rs. 10 per share) declared "Overall economic activity improved in FY22 after a difficult first quarter due to Wave 2 of the pandemic, and demand remained robust across segments in the rest of the year. We regained share across most asset classes and grew our core business by 23% year-on-year, closed the year with best-in-class asset quality levels despite adversity and delivered double digit profit growth. This balance, consistent with our philosophy of Growth with Quality & Profitability (GQP), provides us confidence and optimism as we head into FY23," said Harsha Viji, Executive Vice chairman. Result PDF