Muthoot Finance Q2 profit rises 27% to ₹2,977 crore, income up 37% ...Middle East

Economy by : (Business Standard) -
Muthoot Finance on Saturday reported a 27 per cent growth in standalone profit at Rs 2,977 crore in the September quarter. The company had a profit of Rs 2,345 crore in the July-September quarter of FY26. Total income rose to Rs 8,842 crore in the July-September quarter, from Rs 6,442 crore in the corresponding quarter a year ago, Muthoot Finance said in a regulatory filing. Interest income rose to Rs 8,730 crore in Q2 of FY27, from Rs 6,304 crore in Q2 of FY26. For the first half (April-September) of current fiscal year, profit after tax grew 39 per cent to Rs 6,103 crore on a consolidated basis. Consolidated loan AUM during April-September increased 42 per cent to Rs 2.09 lakh crore. Consolidated gold loan AUM increased 46 per cent year-on-year to over Rs 1.93 lakh crore. George Alexander Muthoot, Executive Vice Chairman, Muthoot Finance said India's gold loan market continues to present significant growth opportunities, supported by rising demand for secured credit and the ..

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