Muthoot Finance Sees 7% Stock Surge Following Impressive Q3 Results: 22% PAT Increase and 36% Revenue Growth
2025-02-13
Business Standard
Muthoot Finance witnessed a significant surge in its stock price by 7% following the release of its Q3 results, which showcased a 22% increase in net profit to Rs 1,392 crore, compared to Rs 1,145 crore in Q3FY24. This substantial growth can be attributed to the company's robust financial performance, with revenue seeing a notable 36% year-over-year (YoY) increase. As a leading player in the financial services sector, Muthoot Finance's strong Q3 results have sparked optimism among investors, with key highlights including impressive profit after tax (PAT) and revenue growth, making it a promising investment opportunity in the financial industry, particularly in the microfinance and gold loan sectors.
