Muthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth in its gold loan business. The company also announced a leadership transition, with Alexander George Muthoot set to take over as managing director from October 1, subject to shareholder approval.

Muthoot Finance posted a 25% rise in Q1 FY27 profit to ₹2,550 crore as gold loan AUM jumped 44%, driven by strong demand and record loan growth.

Muthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth in its gold loan business. The company…

George Alexandar Muthoot discusses Muthoot Finance's leadership in gold loans, emphasizing trust, growth, and evolving customer perceptions.

George Alexandar Muthoot discusses Muthoot Finance's leadership in gold loans, emphasizing trust, growth, and evolving customer perceptions.

Muthoot Finance shares drop 14% despite Q1 profit growth, as brokerages cite margin pressure and competitive challenges.