Extremely Backward Classes

Muthoot Finance, India’s largest gold loan NBFC, saw a standalone net profit of Rs 2,656 crore in Q3, nearly doubling from last year. This was due to high interest income and record gold loan disbursements, leading to a significant increase in standalone revenue and an all-time high loan AUM of Rs 1.48 lakh crore. The company has raised its full-year growth guidance to 45%.