Gold loan NBFC Muthoot Finance on Saturday reported a 43 per cent increase in its consolidated profit to Rs 2,825 crore for the first quarter ended June 2026. The company had posted a profit of Rs 1,974 crore in the corresponding quarter of the previous year. Total income rose to Rs 8,695 crore for the quarter under review from Rs 6,485 crore in the April-June quarter of FY26, Muthoot Finance said in a regulatory filing. At the same time, total expenses increased to Rs 4,898 crore as against Rs 3,812 crore reported in the first quarter of the previous financial year. The company's loan assets under management increased 43 per cent to Rs 191,532 crore as against Rs 1,33,938 crore last year in the same period. The board in its meeting also recommended the appointment of Alexander George as the managing director of the company, effective October 1, 2026. The appointment is subject to approval of the shareholders in the upcoming AGM of the company, it said. The board also cleared the
Q1FY27 company results: Firms including Aarti Surfactants, Aditya Birla Lifestyle Brands, APL Apollo Tubes, and Utkarsh Small Finance Bank are also to release their April-June earnings today
The Reserve Bank of India (RBI) on Friday announced that it has imposed monetary penalties on six companies, including non-bank lender Muthoot Finance, for non-compliance with various regulatory norms. The central bank imposed a Rs 5.80 lakh penalty on Muthoot Finance, Rs 3.10 lakh each on Satya MicroCapital and PAN Emami Cosmed, Rs 2.70 lakh each on Dhani Loans and Services and Muthoot Vehicle and Asset Finance, and Rs 6.20 lakh on Avail Financial Services, notifications said. Muthoot Finance was penalised for failing to put in place a system of periodic review of risk categorisation of accounts and non-deployment of robust software for effective identification and reporting of suspicious transactions, the RBI said. The monetary penalty on Avail Financial Services was imposed as the managing director of the company held directorship in two other NBFCs-Middle Layer, and the company had breached the regulatory single party exposure limit. The central bank imposed a monetary penalty
Investec noted that gold NBFCs are dependent on the gold price, with negligible volume growth. It expects a 12 per cent gold price appreciation in line with long-term history.
Muthoot Finance's total income increased by 65.1 per cent year-on-year to ₹9,291.36 crore, compared to ₹5,627.37 crore in the year-ago period
Notably, Indian equity markets will remain closed on Tuesday, April 14, on account of Dr Baba Saheb Ambedkar Jayanti.
The Indian equity market was trading sharply higher, driven by hopes of de-escalation in the war between US-Israel and Iran
The fall in gold prices, according to analysts, may actually support jewellery demand in the medium-term, even though it may create short-term pressure for some players
The brokerage cited improving visibility in loan book growth and signs of stabilising asset quality as supportive factors for the company's medium-term outlook
There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth
Muthoot Finance shares fell over 12% on NSE and BSE amid gold price volatility despite strong Q3FY26 results. Motilal Oswal maintains Neutral rating, but increases target price
Standalone net profit climbs 95% year-on-year in Q3FY26 as gold loan AUM rises to ₹1.40 trillion and consolidated loan assets grow sharply
The rupee strengthened marginally on Thursday on modest inflows from a bond issue, but importer demand for dollars and foreign outflows kept gains limited ahead of the RBI's policy decision
Gold financier Muthoot Finance raised $600 million through a senior secured bond issue under its $4 billion Global Medium Term Note programme
In Q2FY26, Muthoot Finance's consolidated loan AUM increased by 42 percent from last year to Rs 1.47 trillion, while its gold Loan AUM increased by 45 percent from the year-ago quarter to Rs 1.24 trn
Their family-run gold-loan business is surging as consumers tap rising bullion prices for quick cash, driving the firm's stock to a record and lifting the Muthoot family's wealth to new heights
Muthoot Finance posted robust Q2FY26 earnings driven by higher gold prices and strong AUM growth, but analysts flag risks from yield pressure, NIM compression and regulatory uncertainty
Muthoot Finance shares jumped 10 per cent after it reported a 87 per cent year-on-year (Y-o-Y) jump in its net profit in the second quarter
Muthoot Finance delivered a strong Q2FY26 performance with an 87% jump in profit, robust loan growth, and record consolidated AUM of ₹1.48 trillion, supported by steady lending momentum
The microfinance lender's profit drops 50.5% YoY amid lower interest income; sequential growth aided by stable margins and slight loan portfolio uptick