Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. While brokerages flagged intensifying competition and weaker profitability, they expect gold loan demand to remain healthy, with future performance hinging on margins, gold prices and competitive pricing.

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…

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