Muthoot Finance Limited — Updates, 12-02-2025: Press Release

Muthoot Finance Limited has reported a robust performance for the quarter and nine months ended December 31, 2024. The consolidated Loan Assets Under Management (AUM) reached ₹1,11,308 Crore, marking a 34% year-on-year increase. Standalone Profit After Tax for the nine months stood at ₹3,693 Crore, a growth of 23% YoY, while consolidated Profit After Tax was ₹3,908 Crore, up 19% YoY.

Key highlights include a historic high of ₹15,723 Crore in gold loan disbursements to 13,70,178 customers. The company raised USD 400 million through a global bond issuance and expanded its product offerings, including personal loans and loans against property. The subsidiaries also showcased strong growth; for instance, Muthoot Money reported a 265% increase in loan AUM.

Despite challenges in the microfinance sector affecting Belstar, the group maintains a positive outlook with continued growth momentum and aims to diversify its financial services portfolio further. Investors should watch closely as the company seeks to enhance customer engagement through digital platforms and expand its branch network.