Muthoot Microfin Limited — Important, 28-05-2025: Updates

Muthoot Microfin has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a net loss of ₹222.52 Cr for the year, mainly due to ₹1,042 Cr in impairment provisions reflecting stress in the microfinance sector, especially Karnataka. Income rose to ₹2,564 Cr, while finance costs and provisioning increased sharply. Gross NPAs were at 4.51% with 73.32% provision coverage. The company raised ₹716.4 Cr via NCDs and USD 15 million through private placement bonds. Collection trends showed improvement recently despite portfolio quality pressures.