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Business Standard
3 days ago
- Business
- Business Standard
Muthoot FinCorp Q1 results: Consolidated net profit dips 34% to ₹200.54 cr
Muthoot FinCorp, the flagship company of the 138-year-old Muthoot Pappachan Group (Muthoot Blue), reported a 34 per cent decline in net profit in the first quarter of 2025-26 to ₹200.54 crore, compared to ₹303.51 crore in the April–June quarter of 2024-25. Its revenue, however, rose 12.83 per cent to ₹2,260.41 crore. Assets under management (AUM) stood at ₹51,867 crore, reflecting a 31.85 per cent growth from Q1 FY25. Disbursements during the quarter were ₹30,198 crore, up 53.69 per cent year-on-year (Y-o-Y). 'Our first quarter results reflect both the loyalty of our long-standing customers and the confidence shown by the many new customers who have chosen to join the Muthoot FinCorp family. We are deeply grateful for this trust, which motivates every Muthootian to live our purpose — to transform the life of the common man by improving their financial well-being. While we are encouraged by this growth, we remain committed to serving with humility, innovating to meet evolving needs, and ensuring that our progress benefits customers, communities, and all our stakeholders,' said Thomas John Muthoot, chairman and managing director, Muthoot FinCorp Ltd. 'Our Q1 FY26 results reflect the deep trust our customers have in us, the sincere efforts of over 25,000 Muthootians, and our robust service delivery. While gold loans remain our cornerstone, we are significantly diversifying our portfolio with innovative offerings, including business loans and digital lending solutions to meet evolving customer needs. Guided by our belief and purpose to serve India's common man, we are committed to empowering dreams, driving economic growth, and fostering a secure financial future for all,' said Shaji Varghese, chief executive officer of Muthoot FinCorp. The company's standalone revenue for the quarter stood at ₹1,574 crore, a 26.47 per cent increase from ₹1,244 crore in Q1 FY25. Standalone AUM was ₹36,787 crore, reflecting a 47.31 per cent rise from Q1 FY25. Disbursements were ₹28,150 crore, up 63.04 per cent Y-o-Y. The profit after tax (PAT) fell marginally by 1.03 per cent to ₹179.31 crore from ₹181.17 crore in Q1 FY25. Muthoot FinCorp is one of India's leading non-banking financial companies (NBFCs) with the stated aim of transforming the lives of the common man by ensuring their financial well-being through a range of products and services. The company offers more than two dozen products through over 3,700 branches across India. It is part of the Muthoot Pappachan Group, founded in 1887, which has interests in financial services, hospitality, automotive, realty, IT services, precious metals, and alternate energy.
Hans India
28-05-2025
- Business
- Hans India
Muthoot FinCorp Net profit zooms 40% to `787.15 cr in FY25
Trivandrum: Muthoot FinCorp Limited, the flagship company of the 138-year-old Muthoot Pappachan Group, also known as Muthoot Blue, reported a net profit growth of 39.86 per cent for FY25, reaching Rs787.15 crore, up from Rs562.81 crore in FY24. Year-on-year (Y-O-Y) revenue stood at Rs5,550.53 crore, a 38.22 per cent increase from Rs4,015.77 crore. Disbursements for the year were Rs66,277.31 crore, reflecting a 32.11 per cent growth Y-O-Y. Revenue for the quarter reached Rs1,478.59 crore, marking a 23.49 per cent increase from Rs1,197.31 crore in Q4 FY24. Assets Under Management (AUM) stood at Rs32,055.17 crore, up 46.22 per cent from Rs21,922.70 crore in the same quarter of the previous year. The standalone net profit for the quarter was Rs191.67 crore, compared to Rs239.79 crore in Q4 FY24, while disbursements rose to `19,648.29 crore from Rs14,130.08 crore, a 39.05 per cent increase. Thomas John Muthoot, Chairman of Muthoot FinCorp Limited, said: 'FY25 has been a deeply fulfilling year for us. The 39.86 per cent growth in net profit and over 38 per cent increase in revenue are not just financial achievements—they reflect the enduring trust of our customers, the strength of our purpose, and the dedication of our Muthootians across India. As our non-gold portfolio continues to expand and more households benefit from our inclusive offerings, we remain firmly committed to transforming lives by improving their financial wellbeing.' The board of directors has also approved the raising of up to Rs8,000 crore through the issuance of Non-Convertible Debentures (NCDs), Subordinated Debt, Perpetual Debt, and Commercial Papers (CPs) during the current financial year, to support the company's growth and capital requirements.
