Muthoot Finance Soars with Stellar Q1 Performance
Muthoot Finance's shares surged 11.51% following a 65% increase in quarterly profit after tax, reaching Rs 1,974 crore. This growth highlights a significant rise in total income and loan assets under management, marking a strong start to the fiscal year 2026.
- Country:
- India
On Thursday, shares of Muthoot Finance saw an impressive 11.51% rise after the non-banking financial company announced a substantial 65% year-on-year increase in its consolidated profit after tax for the quarter ending June 2025.
During trading at the Bombay Stock Exchange, the stock spiked 11.40% to a new 52-week high of Rs 2,797. Similarly, at the National Stock Exchange, the shares soared 11.51% to reach Rs 2,799, matching its peak from the previous year.
This remarkable performance was backed by a jump in total income, which rose 44% to Rs 6,485 crore for the reviewed quarter, compared to Rs 4,492 crore the prior year. Furthermore, the company's loan assets under management expanded 37% to Rs 1,33,938 crore in Q1 FY26, from Rs 98,048 crore last year.
(With inputs from agencies.)
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