KOCHI: Gold loan lender Muthoot Finance reported a 43 per cent increase in standalone net profit for the March quarter of FY25 at Rs1508 crore, compared with Rs1056 crore in the same period last year.
For the full year, standalone PAT stood at Rs5201 crore, up 28 per cent from Rs4050 crore in FY24.
Muthoot Finance loan assets under management (AUM) rose 43 per cent year-on-year to Rs108648 crore in FY25, against Rs75827 crore in FY24. Of this, gold loan AUM grew by Rs30077 crore during the year, registering a 41 per cent increase.
On a sequential basis, gold loan AUM rose by Rs9992 crore, or 11 per cent, during the March quarter.
The company’s consolidated loan AUM rose 37 per cent to Rs122181 crore in FY25 from Rs89079 crore a year ago. Consolidated PAT stood at Rs5352 crore, up 20 per cent from Rs4468 crore in the previous year. Consolidated loan AUM also saw a 10 per cent rise during the March quarter.
Chairman George Jacob Muthoot said, “With a strong focus on the company’s vision to emerge as a diversified financial services group, FY25 was a year of transformation. Alongside expanding our non-gold loan portfolio, we accelerated our digital initiatives to drive growth across all product segments.”
He said the recent regulatory guidelines are a positive step for the sector. “As we step into FY26, we do so with optimism and remain committed to our various stakeholders,” he added.
Managing Director George Alexander Muthoot added that the company achieved its highest-ever gold loan advance to new customers at Rs21888 crore during the year, reinforcing its leadership in the segment.
The housing finance subsidiary disbursed Rs1242 crore in FY25, compared with Rs815 crore in FY24. The microfinance arm delivered a positive return on assets, despite broader challenges in the sector. “Our omni-channel strategy is delivering results, with key infrastructure in place to transition both gold and non-gold customers – especially those previously transacting in cash – to digital platforms,” the MD said.
