Muthoot Fincorp Reports Highest Ever Quarterly Loan Disbursement

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Muthoot Fincorp Reports Highest Ever Quarterly Loan Disbursement
Muthoot Fincorp Reports Highest Ever Quarterly Loan Disbursement

29.08% growth in consolidated loan disbursements with Assets under Management (AUM) at 39,256.92 crore

 

Bengaluru: Muthoot FinCorp Limited, the flagship company of 137-year-old business conglomerate Muthoot Pappachan Group (Muthoot Blue), reports strong Q1 results with consolidated loan disbursements totalling 19,631.06 crore, representing a 29.08% increase from Q1 FY24. The Loan Assets under Management (AUM) reached 39,256.92 crore, with a net profit of 303.51 crore, an increase of 42.17% from the corresponding quarter (Q1 FY24). 

 

On a standalone basis, Muthoot FinCorp’s disbursements increased by 37.17% from Q1 of FY24, reaching 17,247.81 crore, up from 12,573.86 crore. Net profit rose by 64.72%, totalling 181.17 crore compared to 109.98 crore in the corresponding quarter of the previous year. Assets under Management (AUM) stood at 24,891.69 crore, reflecting a 32% growth from Q1 of FY24. Revenue for the April-June quarter of FY 25 was 1,244.22 crore, marking a 43.06% increase from 869.70 crore in Q1 of FY 24. 

 

“This quarter has been strong, with growth across all our businesses, reflecting our continued dedication to our core objectives. Our focus remains on three key areas: first, bringing our purpose to life by improving the financial well-being of the common man; second, strengthening our digital capabilities to better serve our customers and drive financial inclusion; and third, maintaining robust compliance and risk management to ensure that our growth remains responsible and sustainable. These priorities guide our efforts as we strive to make a positive impact on the communities we serve”, said Thomas John Muthoot, Chairman of Muthoot FinCorp Limited.

 

“This is the highest ever quarterly loan disbursements in the history of the Company, and we look forward to continuing the momentum. Our impetus to serve the underserved with the stated Purpose of transforming their lives is stronger than ever. As we move towards diversifying our portfolio ensuring to meet our customer requirements across their lifecycle, we look forward to ensuring their financial inclusion while playing a contributory role in nation building”, said Shaji Varghese, CEO of Muthoot FinCorp Limited.

CONSOLIDATED FINANCIAL RESULTS HIGHLIGHTS (Q1 FY25 vs Q1 FY24)

Disbursements 19,631.06 crore, up by 29.08%
AUM 39,256.92 cr, up by 28.50%
Loan Assets 34,581.28 cr, up by 20.99%
Revenue 1,980.82 cr, up by 39.66%
PAT 303.51 cr, up by 42.17%
ROA 3.23%, up by 43bps
ROE 20.41%, up by 84bps

 

STANDALONE FINANCIAL RESULTS HIGHLIGHTS (Q1 FY25 vs Q1 FY24)

Disbursements 17,247.81 crore, up by 37.17%
AUM 24,891.69 cr, up by 32% 
Loan Assets 22,958.4 cr, up by 22.12% 
Revenue 1,244.22 cr, up by 43.06% 
PAT 181.17 cr, up by 64.72% 
ROA 3%, up by 85bps 
ROE 21.78%, up by 680bps