Business EconomyPosted at: May 20 2026 10:16AM


TSF Investments posts 28.66 pc increase in consolidated net profit f

Chennai, May 20 (UNI) TSF Investments Limited has registered a consolidated net profit of Rs 530.21 crores for the year ended 31st March 2026, which includes gain of Rs 40.99 crores from fair valuation of previously held equity interest in Axles India Limited on account of business combination, as compared to Rs 412.09 crores registered in the previous financial year, resulting in an increase of 28.66%
The increase in consolidated net profit is partly because of Axles India Limited, becoming a subsidiary during the year on account of TSF group acquiring shares held by Dana Global Products Inc. for a consideration of Rs 365.37 crores.
TSF Investments operates as a core investment company, investing in a portfolio of automotive businesses including foundries and manufacturers of wheels, brakes, turbo chargers, axles and distribution of spare parts.
As a result, dividend from portfolio companies forms a substantial part of the financial results. Dividend received from portfolio companies is Rs 207.67 crores for the year ended 31st March 2026.
Reflecting the consolidation of the T.S. Santhanam Family group, Sundaram Finance Holdings Limited has been renamed TSF Investments Limited with effect from
23 September 2025. This change reaffirms the group’s strategic alignment and century-old legacy, a company release said.
The Board of Directors have recommended a final dividend of Rs 4.45 per share (89%) for FY 25-26. This together with the Interim Dividend of Rs 6.70 per share (134%) paid during February 2026 aggregates to a total dividend of Rs 11.15/- per share (223%) for the FY 25-26.
As part of the company’s strategy to exit from non – core investments and invest the proceeds in the core investments in group companies, the company had during the financial year 2025 -26 exited the TVS Holdings Limited (partial exit); Fettle Tone LLP (partial exit) ; Sundaram Composite Structures Private Limited.
The realized gain (net of tax) from the exit of these investments was Rs 461.18 crores which was transferred from OCI to retained earnings.
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