Mumbai: Muthoot Finance on Thursday reported a consolidated net profit of ₹2,825 crore for the quarter ended 30 June 2026, marking a 43% increase compared with ₹1,974 crore in the same quarter last year.
Loan Assets Under Management
Consolidated loan assets under management (AUM) reached ₹1,91,532 crore, a 43% year-on-year rise from ₹1,33,938 crore in Q1 FY26. The AUM also increased by 5% compared with the preceding quarter’s ₹1,81,916 crore.
Total Income and Expenses
The company’s total consolidated income for Q1 FY27 stood at ₹86,948 crore, up from ₹64,657 crore in Q1 FY26. Total consolidated expenses increased to ₹48,977 crore in Q1 FY27 from ₹38,116 crore in the year-ago quarter.
Earnings Per Share
Basic earnings per share (EPS) for the quarter were ₹69.72, a 39% increase from ₹50.22 in the corresponding quarter of the previous year.
Standalone Performance
On a standalone basis, Muthoot Finance reported a net profit of ₹2,550 crore for Q1 FY27, a 25% year-on-year increase from ₹2,046 crore in Q1 FY26. Standalone loan AUM grew 43% to ₹1,72,053 crore in Q1 FY27.
Subsidiary Performance
Muthoot Homefin (India) Limited’s loan AUM rose 13% year-on-year to ₹3,496 crore, with profit after tax increasing 114% to ₹4 crore. Belstar Microfinance Limited recorded a profit of ₹66 crore in Q1 FY27, a turnaround from a loss of ₹128 crore in the year-ago quarter, with loan AUM at ₹7,842 crore.
Muthoot Money Limited saw its loan AUM jump 111% to ₹10,550 crore and profit after tax increased 366% to ₹172 crore. Asia Asset Finance PLC’s loan AUM increased 51% to LKR 5,270 crore, with profit after tax up 137% to LKR 43 crore.
Key Appointments and Decisions
The board recommended the appointment of Alexander George as Managing Director and George Alexander Muthoot as Executive Vice Chairman, effective 1 October 2026.
K R Bijimon was approved as Chief Executive Officer, also effective 1 October 2026. The company also approved an additional investment of ₹32 crore in Asia Asset Finance PLC through a rights issue.