Muthoot FinCorp Limited, the flagship NBFC of the 137-year-old Muthoot Pappachan Group, reported strong financial performance in Q2 FY25, with a consolidated revenue surge of 35.48% year-on-year, reaching ₹2,113.78 crore. The company’s net profit climbed to ₹59.68 crore, marking a 28.46% increase from Q2 FY24, driven by robust loan disbursements totaling ₹15,633.50 crore, a 9.34% rise over the same period last year.
The company’s AUM stood at ₹41,873.15 crore by the end of the quarter. On a standalone basis, Muthoot FinCorp achieved an impressive net profit growth of 118.02%, with earnings rising to ₹198.17 crore from ₹90.90 crore in Q2 FY24. The standalone AUM reached ₹27,043.35 crore, reflecting a 35.46% year-on-year increase, while revenue for the quarter grew by 46.44% to ₹1,347.76 crore.
“Muthoot FinCorp’s performance in Q2 FY25 underscores the company’s commitment to financial empowerment through accessible, customer-centric solutions. By introducing products that meet the specific needs of our customers—whether it’s a micro-business looking for expansion capital or individuals aspiring to a secure financial future—we are pushing the boundaries of traditional financial services. This quarter’s results reflect our resilience and the continued trust of our customers. We remain dedicated to supporting their aspirations and contributing to their financial security, as we build on our legacy of service and innovation.” said Thomas John Muthoot, Chairman of Muthoot FinCorp Limited.
Also Read: SBI Q2 FY25 Results: Net Profit up by 28% to ₹18,331 Crore
Reflecting on the quarter’s achievements, Mr. Shaji Varghese, CEO of Muthoot FinCorp Limited, said, “We are excited to share the Q2 FY25 results with you. We have seen substantial traction across the market, and we look forward to strengthen our product offering further in the coming quarters. With gold loans as our flagship service, we will continue our drive to move from product to segment ensuring to meet the lifecycle needs of our customers. This quarter’s results reflect our resilience and the continued trust of our customers, and we remain dedicated to being a catalyst to meet their aspirations while contributing to nation building.”
These Q2 FY25 results reinforce Muthoot FinCorp’s position as a leader in India’s NBFC sector, underpinned by a strong customer base and innovative financial solutions.
Be a part of history! Express your interest and get featured in our exclusive souvenir, launching at the Bengaluru Tech Summit.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
