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Muthoot Finance Q3 Results Review: IDBI Capital Maintains 'Hold' On The Stock, Hikes Target Price — Here's Why
Muthoot's management maintained guidance at 25% gold loan growth for FY25 and 15% for FY26, adds the brokerage.
13 Feb 2025, 09:09 AM IST 
Muthoot Finance Ltd. reported gold loan growth of 34% YoY versus 28% YoY (Q2 FY25) led by higher gold prices and new customer additions.
(Muthoot Finance signage. Photo: Usha Kunji/NDTV Profit)
Muthoot Finance's gold AUM growth remain strong backed by high gold prices and moderating competitive intensity. Further, growth guidance has been maintained at 25% while need to watch out for higher credit cost as stage III assets have increased in last few quarters.
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