Consolidated Profit after Tax at ? 2,825 Crores for the quarter, up by 43% YoY
FinTech BizNews Service
Mumbai, 1 August, 2026: A meeting of the Board of Directors of Muthoot Finance Ltd. was held today to consider and approve the unaudited standalone and consolidated results for the quarter ended June 30, 2026.
Consolidated Results of Muthoot Finance Ltd
Muthoot Finance Ltd Consolidated Loan Assets Under Management grew 43% YoY to Rs. 1,91,532 crores in Q1 FY27 as against Rs. 1,33,938 crores in Q1 FY26. Consolidated Profit after tax for Q1 FY27 increased to Rs. 2,825 crores as against Rs. 1,974 crores last year, an increase of 43% YoY. During the quarter, Consolidated Loan Assets Under Management grew by Rs. 9,616 crores, growth of 5%.
(Rs. in crores)
Financial Performance | Q1 FY27 | Q4 FY26 | QoQ % | Q1 FY26 | YoY % | FY26 |
Group Branch Network | 7,654 | 7,568 | 1% | 7,413 | 3% | 7,568 |
Consolidated Gross Loan Assets of the Group | 1,91,532 | 1,81,916 | 5% | 1,33,938 | 43% | 1,81,916 |
Consolidated Profit of the Group | 2,825 | 3,397 | (17%) | 1,974 | 43% | 10,607 |
Contribution in the Consolidated Gross Loan Assets of the Group | ||||||
Muthoot Finance Ltd | 1,68,163 | 1,58,936 | 6% | 1,17,141 | 44% | 1,58,936 |
Subsidiaries | 23,369 | 22,980 | 2% | 16,797 | 39% | 22,980 |
Contribution in the Consolidated Profit of the Group | ||||||
Muthoot Finance Ltd | 2,484 | 3028 | (18%) | 2,004 | 24% | 9,929 |
Subsidiaries | 341 | 369 | (8%) | (30) | NA | 678 |
Mr. George Jacob Muthoot, Chairman said “Muthoot Finance has begun FY27 with a strong footing with our Consolidated Loan Assets Under Management reaching highest ever level of Rs. 1,91,532 crores. It reflects a robust growth of 43% YoY in Consolidated Loan Assets Under Management primarily driven by 43% year on year growth in Loan Assets of Muthoot Finance by Rs. 52,022 crores. Our subsidiaries have continued the strong momentum, contributing significantly to our consolidated loan assets which now stand at 12 %.
Consolidated Profit after Tax grew by 43% year-on-year to Rs. 2,825 crores, driven by the continued strength of our core gold loan business. This performance reflects the enduring trust our customers place in Muthoot Finance and our unwavering focus on delivering accessible, reliable, and customer-centric financial solutions.
As India's economy continues to expand, the need for quick, dependable and affordable credit is becoming increasingly important. Gold loans remain a vital source of timely liquidity for millions of individuals and small businesses, and we are well positioned to meet this growing demand through our unmatched reach, deep domain expertise and strong customer relationships.
At the same time, we are accelerating our digital transformation to make credit delivery faster, simpler and more seamless. Our continued investments in technology and innovation are strengthening operational efficiency while enhancing the overall customer experience. Backed by a resilient business model, a strong balance sheet and clear strategic focus, we remain confident of sustaining our growth momentum and creating long-term value for all stakeholders.”
Commenting on the Company’s performance, Mr. George Alexander Muthoot, Managing Director, said, "We had an impressive start to the year with our Standalone Loan Assets Under Management reaching a historic high of Rs. 1,72,053 crores, driven by robust 44% YoY growth in gold loan of Rs. 50,104 crores. reaching Rs. 1,63,298 crores. This growth is a testament to our three-pronged strategy to focus on disbursements, operational efficiency, and maintaining healthy margins.
As a result, our Standalone Profit after Tax for Q1 FY27 grew by 25% YoY to Rs. 2,550 crores. This performance reinforces our leadership in the gold loan segment, supported by our extensive branch network, trusted brand, disciplined execution, and deep customer relationships. We are also witnessing increasing adoption of gold loans as a reliable, accessible and inclusive source of credit across customer segments.
We remain focused on strengthening our digital capabilities to make credit access faster, simpler and more seamless. Our continued investments in technology are enhancing customer experience, improving operational efficiency, and enabling quicker turnaround times. Looking ahead, the outlook for the gold loan industry remains highly encouraging. Gold-backed lending is witnessing unprecedented acceptance across customer segments, driven by growing awareness, , and the need for timely, secured credit. Reserve Bank of India data also highlights gold loans as one of the fastest-growing segments in retail lending, underscoring the sector's strong structural growth potential.
As this opportunity expands, we are witnessing increased participation from organised players, reflecting the growing attractiveness and long-term potential of the gold loan sector. We welcome this continued evolution of the industry, as it reinforces the increasing adoption of gold-backed lending within the formal financial ecosystem. There is a clear shift in customer behaviour, with gold increasingly being leveraged as a productive financial asset to meet evolving personal and business credit needs, rather than remaining an idle store of value. We believe leadership in this business is built on trust, operational excellence, prudent underwriting and the ability to serve customers consistently across economic cycles.
With our extensive branch network, deep domain expertise and continued investments in digital capabilities, we are well positioned to strengthen our market leadership while making credit access faster, easier and more seamless. We remain confident of sustaining our growth momentum and creating long-term value for all our stakeholders.”
