Muthoot Finance Ltd has posted a 95% year-on-year rise in standalone net profit at ₹2,656 crore for the December quarter.
Total Income grew by 64% t0 ₹7,263 crore from ₹4,431 crore. 64%. MFL reported capital adequacy ratio of 20.27%.
Loan Assets Under Management (AUM) increased to ₹1,47,552 crore, marking a 12% growth.
Chairman George Jacob Muthoot said the company’s consolidated loan AUM crossed a milestone of ₹1.64 lakh crore, while standalone loan AUM exceeded ₹1.47 lakh crore. Subsidiaries accounted for about 12% of the consolidated loan book.
He added that the microfinance vertical staged a recovery, reporting a profit of ₹51 crore in the third quarter, aided by improved underwriting practices and the implementation of guardrails. The company, he said, remains focused on promoting responsible credit access and long-term value creation.
Managing Director George Alexander Muthoot said the company delivered another quarter of steady growth, supported by robust demand for gold loans, particularly during the festive season.
Standalone net profit for the nine months rose 91% year-on-year to ₹7,048 crore. He attributed the growth to increasing acceptance of gold loans as a convenient and secure credit option among salaried individuals, self-employed professionals and small businesses.
Higher gold prices enabled customers to leverage greater value from their holdings to meet personal and business funding needs, he said, adding that sustained demand was backed by the company’s branch network, customer relationships and operational strength.
The company continues to invest in technology, including digital onboarding, faster processing and enhanced risk monitoring, to improve customer experience. It remains focused on prudent lending, process discipline and technology-driven efficiencies to strengthen its core gold loan business and advance financial inclusion.