Muthoot Capital Services Limited — Important, 04-02-2025: General Updates

Revenue from operations for Muthoot Capital Services Limited surged to ₹12,568.11 Cr in the quarter ended December 31, 2024, marking a significant increase from ₹9,595.58 Cr in the same quarter last year. Interest income led the growth at ₹11,983.22 Cr, alongside fees and charges income of ₹568.15 Cr. Total income reached ₹12,614.38 Cr, up from ₹9,674.81 Cr a year prior.

Expenses for the quarter rose to ₹10,885.41 Cr, mainly driven by higher finance costs, totaling ₹6,151.25 Cr. The company reported a profit before tax of ₹1,728.97 Cr, a notable rise compared to ₹1,339.32 Cr in Q3 FY2023. Despite a demanding economic environment, the net profit for the period stood at ₹1,255.56 Cr, reflecting a year-on-year increase from ₹1,001.02 Cr.

The balance sheet remains robust, with net worth reaching ₹65,211.75 Cr. Importantly, the debt to total assets ratio indicates prudent leverage at 0.78, coupled with an impressive net profit margin of 9.95% for the quarter. Overall, the results highlight a positive outlook, reflecting strong operational performance and effective cost management.