Muthoot Finance Sees 22% Jump in Q3 Net Profit to Rs 1,392 Crore, Revenue Surges 36%
2025-02-12
Business Standard
Muthoot Finance has reported a significant 22% increase in its net profit to Rs 1,392 crore in the third quarter, driven by a substantial 36% rise in total revenue from operations to Rs 5,189 crore. This notable growth is a testament to the company's strong financial performance, with revenue increasing from Rs 3,820 crore in the same period in FY24. The financial services sector is witnessing a surge, with companies like Muthoot Finance leveraging opportunities in lending and other financial products, contributing to the overall growth of the industry, including personal loans and gold loans.
