Muthoot Finance Ltd saw a 4% jump in its share price after reporting an impressive 32.7% YoY increase in net profit for Q3 FY25. The company posted a net profit of ₹1,363 crore, up from ₹1,027.3 crore in the same quarter last year.
The net interest income (NII) surged 42.8% YoY to ₹2,721.4 crore, compared to ₹1,905.7 crore in Q3 FY24. This significant growth reflects the company’s strong lending business and operational efficiency.
In a major announcement, Muthoot Finance’s board has approved fund-raising of up to ₹21,063.50 crore through the issuance of redeemable non-convertible debentures.
Despite challenges in the microfinance sector, the company has focused on strengthening loan collections and credit quality. Muthoot Finance considers these industry issues temporary and expects a resolution within a couple of quarters.
Moreover, the company’s digital transformation and branch expansion have boosted customer engagement. A growing number of transactions are now being processed through digital channels, reinforcing its commitment to innovation and accessibility.
Muthoot Finance shares opened at ₹2,248.80, reaching a high of ₹2,283.55 and a low of ₹2,227.00. The stock is nearing its 52-week high of ₹2,308.95, significantly above the 52-week low of ₹1,261.90.
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