Muthoot Finance’s shares rose 5% in morning trade following a stellar Q2 performance. The company reported a 20% increase in Profit After Tax (PAT), reaching ₹1,272 crore, up from ₹1,060 crore in Q2 FY24.
Net Interest Income (NII) saw a significant 37% growth, totaling ₹2,974 crore, while Pre-Provision Operating Profit (PPOP) surged by 43.2% to ₹2,222 crore. These strong results highlight Muthoot Finance’s robust financial performance, boosting investor confidence.
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