ALPHA TRIBE

Muthoot Capital Services LimitedUpdates, 05-02-2025: Press Release

05-02-2025 | 05:40 pm

Muthoot Capital Services Limited exhibited strong growth in its financial performance for the nine months ending December 2024, realizing a net profit of INR 39.33 crore. The company’s disbursements surged to INR 1,987 crore, boasting a remarkable year-on-year increase of 77%. The total Assets Under Management (AUM) stood at INR 2,833 crore, a 46% annual growth, indicative of the firm's expanding market presence and effective lending strategies.

During the latest quarter, Muthoot Capital reported net profit of INR 12.56 crore and a total income of INR 126.14 crore. Asset quality improved, with Gross Non-Performing Assets (GNPA) at 4.73% and Net NPA at 2.22%. Strategic advancements in digital lending and focus on operational efficiencies have enhanced the company's customer engagement and service delivery. The results suggest a positive outlook for continued growth and robust risk management practices, reinforcing Muthoot Capital's position as a strong player in the NBFC sector.

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