Muthoot FinCorp announced its Q4FY25 earnings. It reported a net profit of Rs 192 crore, down 20% year-on-year. The company’s shares are yet to enter the secondary market.
Muthoot Fincorp, which is an NBFC firm primarily in gold loans, recorded a standalone net profit of Rs 240 crore in the last quarter of FY24.
The revenue of the gold loan NBFC for the reporting quarter surged to Rs 1,479 crore, compared to Rs 1,197 crore in the same quarter of the last fiscal year.
The company’s assets under management (AUM) came in at Rs 32,055 crore, an increase of 46% YoY compared with Rs 21,923 crore in the same quarter of the previous financial year.
For the whole financial year 2024-25, the company reported a rise of 40% in standalone net profit to Rs 787 crore as against Rs 563 crore in FY24.
At the same time, revenue also increased to Rs 5,551 crore from Rs 4,016 crore in the previous financial year.
Muthoot Fincorp Q3 earnings
The gold NBFC announced a net profit of Rs 1,389 crore in Q3 FY25, a surge of nearly 26% YoY compared with a net profit of Rs 1,104 crore in Q3 FY24. The company’s revenue from operations saw a jump of 36% year-on-year to Rs 5,190 crore during Q3 FY25, as against a revenue from operations of Rs 3,820 crore in the third quarter of FY24. The BFC’s interest income surged to Rs 5,067 crore.
Further, the NBFC posted its highest-ever consolidated loan AUM at Rs 1.11 lakh crore, as on Q3 FY25. Its gold loan assets increased by Rs 6,800 crore by the last quarter of the financial year 2024-25.