Latest news with #MuthootMicrofinLtd
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Business Standard
12-08-2025
- Business
- Business Standard
Muthoot Microfin Q1 results: Profit drops 95% to ₹6 cr on rising NPAs
The gross non-performing assets (NPAs) more than doubled to 4.85 per cent compared to 2.10 per cent a year ago, Muthoot Microfin said in a statement on Tuesday Press Trust of India New Delhi Muthoot Microfin Ltd has reported a 95 per cent decline in net profit to Rs 6 crore for the first quarter ended June 2025, mainly due to a surge in bad loans. In contrast, the non-banking financial company-micro finance institution (NBFC-MFI) had earned a profit of Rs 113 crore a year ago. Its total income also declined to Rs 559 crore during the quarter from Rs 664 crore in the year-ago period. The total expenses increased to Rs 553 crore against Rs 517 crore in the same quarter a year ago. The gross non-performing assets (NPAs) more than doubled to 4.85 per cent compared to 2.10 per cent a year ago, Muthoot Microfin said in a statement on Tuesday. Similarly, its net NPA (net of Stage III provision) also jumped to 1.58 per cent from 0.71 per cent in the first quarter of the preceding fiscal. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
12-08-2025
- Business
- News18
Muthoot Microfin Q1 profit plunges to Rs 6 cr on higher NPAs
Agency: PTI Last Updated: New Delhi, Aug 12 (PTI) Muthoot Microfin Ltd has reported a 95 per cent decline in net profit to Rs 6 crore for the first quarter ended June 2025, mainly due to a surge in bad loans. In contrast, the non-banking financial company-micro finance institution (NBFC-MFI) had earned a profit of Rs 113 crore a year ago. Its total income also declined to Rs 559 crore during the quarter from Rs 664 crore in the year-ago period. The total expenses increased to Rs 553 crore against Rs 517 crore in the same quarter a year ago. The gross non-performing assets (NPAs) more than doubled to 4.85 per cent compared to 2.10 per cent a year ago, Muthoot Microfin said in a statement on Tuesday. view comments First Published: August 12, 2025, 15:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
09-05-2025
- Business
- Business Standard
Chembond Chemicals Ltd leads losers in 'B' group
Bonlon Industries Ltd, Muthoot Microfin Ltd, AMD Industries Ltd and AGI Infra Ltd are among the other losers in the BSE's 'B' group today, 09 May 2025. Bonlon Industries Ltd, Muthoot Microfin Ltd, AMD Industries Ltd and AGI Infra Ltd are among the other losers in the BSE's 'B' group today, 09 May 2025. Chembond Chemicals Ltd crashed 30.24% to Rs 341.8 at 14:31 stock was the biggest loser in the BSE's 'B' the BSE, 1780 shares were traded on the counter so far as against the average daily volumes of 1996 shares in the past one month. Bonlon Industries Ltd lost 11.60% to Rs 37.4. The stock was the second biggest loser in 'B' the BSE, 1.68 lakh shares were traded on the counter so far as against the average daily volumes of 1.78 lakh shares in the past one month. Muthoot Microfin Ltd tumbled 11.05% to Rs 129.95. The stock was the third biggest loser in 'B' the BSE, 68730 shares were traded on the counter so far as against the average daily volumes of 29318 shares in the past one month. AMD Industries Ltd slipped 10.33% to Rs 41.77. The stock was the fourth biggest loser in 'B' the BSE, 5 shares were traded on the counter so far as against the average daily volumes of 1421 shares in the past one month. AGI Infra Ltd fell 9.70% to Rs 741.9. The stock was the fifth biggest loser in 'B' the BSE, 9070 shares were traded on the counter so far as against the average daily volumes of 9361 shares in the past one month.
