- Muthoot Finance's consolidated net profit rose 73% to Rs 2,016 crore in Q1FY26
- Net interest income increased 43% to Rs 3,933 crore year-on-year
- Impairment costs decreased 11.7% to Rs 331 crore compared to last year
Muthoot Finance Ltd. reported a robust 73% rise in consolidated net profit in the first quarter of the current financial year.
The company reported a bottom line of Rs 2,016 crore against Rs 1,164 crore in the year-ago period, according to an exchange filing on Wednesday.
Muthoot Finance Q1FY26 Highlights (Consolidated, YoY)
Net interest income up 43% to Rs 3,933 crore versus Rs 2,754 crore.
Net profit up 73.2% to Rs 2,016 crore versus Rs 1,164 crore.
Impairment down 11.7% to Rs 331 crore versus Rs 375 crore.
Shares of Muthoot Finance closed 0.92% lower at Rs 2,533.2 apiece on the National Stock Exchange before the announcement, compared to a 0.54% advance in the benchmark Nifty.
Out of 25 analysts tracking the company, 14 maintain a 'buy' rating, seven recommend a 'hold,' and four suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 1.7%
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