Muthoot Finance Q3 Results: Net Profit Rises 22% to ₹1,392 Crore

Muthoot Finance announced a 22% year-on-year increase in net profit for Q3 FY25, reaching ₹1,392 crore compared to ₹1,145 crore in Q3 FY24. Revenue from operations surged 36% to ₹5,189 crore, driven by a 34% growth in consolidated loan assets under management to ₹1.11 lakh crore. The company attributed its strong performance to robust gold loan demand and favorable economic conditions. Additionally, Muthoot is expanding its non-gold loan portfolio and digital platforms to diversify revenue streams and enhance customer engagement. The board also approved raising ₹21,063 crore via debentures.

 

Source: Business Standard, CNBC-TV18.