Muthoot Finance Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Muthoot Finance Limited has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. The company reported a profit before tax of ₹319.96 crore and a net profit of ₹107.57 crore for the period. Additionally, the board has authorized an equity infusion of ₹500 crore in its wholly-owned subsidiary, Muthoot Money Limited. This strategic decision is expected to enhance the subsidiary's capacity and support its growth initiatives.