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AUM MUTHOOT MICROFIN
Muthoot Microfin grew 13% when the industry shrank 20%; CEO explains what's nextMuthoot Microfin defied industry decline, growing assets by over 13%. The company improved its loan repayment rates and reduced bad loans. ...
Home First Finance profit surges 43% on strong AUM growthHome First Finance reported a 43% rise in Q4 profit to Rs 150 crore driven by strong business expansion and 25% AUM growth. Operating profi...
Muthoot Microfin in diversification binge, to start gold loans soonMuthoot Microfin, leveraging relaxed RBI norms, is diversifying into secured lending, including gold loans via co-lending with Muthoot Finc...
Muthoot Microfin returns to profit despite sharp year-on-year dropMuthoot Microfin posted a Rs 6.2 crore Q1 profit after last quarter’s loss, down 95% YoY. GNPA rose to 4.85%, provisions increased, but col...
Muthoot Finance Q4 Results: Pcrofit jumps 22% YoY to Rs 1,444 crore; AUM grows 37% on gold demandMuthoot Finance posted a 22% YoY rise in Q4FY25 consolidated net profit at ₹1,444 crore. Consolidated AUM surged 37% to ₹1.22 lakh crore, d...
Size of microfinance business contracts for the third quarter in a rowMicrofinance business in India shrank for the third consecutive quarter due to heightened asset quality stress. Key players like CreditAcce...
Muthoot Finance shares zoom 7% after Q2 profit jump 21% YoY; Morgan Stanley lifts target price to Rs 1,600Muthoot Finance reported a 21% increase in consolidated net profit for Q2, reaching Rs 1,321 crore. This growth was driven by a 37% rise in...
Muthoot Finance Q2 Results: Net profit rises 21% to Rs 1,321 croreMuthoot Finance reported a 21% YoY rise in consolidated net profit to Rs 1321 crore in Q2FY25. Standalone net profit grew 26% to Rs 1251 cr...
Muthoot Finance reports 28% growth in loan AUM, reaching Rs 98,048 cr in Q1 FY25Muthoot Homefin (India) Ltd (MHIL), the wholly owned subsidiary, loan AUM stood at Rs.2,199 crores in Q1 FY25 as against Rs.1,501 crores in...
Muthoot Microfin to stay on the radar with a few tailwindsA part of Muthoot Pappachan Group, the company provides micro loans to women with a focus on rural areas. It had 1,508 branches in 353 dist...
Muthoot Microfin records 32% YoY asset growth, loan collection efficiency soarsMuthoot Microfin, a listed pure-play microfinance lender, reported a 32% year-on-year growth in assets under management (AUM) along with a ...
ETMarkets Management Talk | Gold loans are smart loans due to faster processing, flexible repayment options: Muthoot Finance MD"As we continue to prioritize both loan disbursement and the endeavor to recover loans, we are optimistic regarding maintaining our Net Int...
Muthoot Finance likely to grow its loan book by 10-15% in FY24The consolidated loan AUM stood at Rs. 71,497 crores, up by 10% Q-o-Q and the consolidated Profit after Tax (PAT) stood at Rs. 1,009 crores...
Muthoot Pappachan Group plans Rs 1,800-cr IPO for MFI armThe company is planning to raise Rs 1,200 crore of primary capital, and there can be a small offer for sale by the external investors, but ...
UK’s Greater Pacific to invest $10 m in Muthoot MicrofinThe India-focused investor is raising its stake in the financial inclusion space at a time when the country is expected to emerge as the fa...
Greater Pacific acquires 14% in Muthoot MicrofinThis is the PE's maiden equity investment in India’s microfinance space, which has bounced back with healthy loan disbursement and loan rec...
Muthoot Microfin plans to raise Rs 350 cr via share saleMuthoot Microfin is planning to raise Rs 350 crore by selling shares during the current year, to fund business growth. Besides, the microfi...
Muthoot Microfin added 37% more employees in pandemic period, disburses Rs 2,700 cr loan in FY21Muthoot Microfin has expanded its employee strength by 37 per cent during a period when retaining employees and maintaining salaries came a...
Expect 20% growth in gold loan portfolio: George Alexander Muthoot, Muthoot Finance“We see a better pickup in the affordable home loan and microfinance businesses.”
Plan to grow gold loan portfolio by 10% next year: George Alexander Muthoot, Muthoot FinanceBy next year, would like to grow non-gold loan portfolios by about 9% to 12%.