Muthoot Finance raised its FY26 growth guidance to 44-45%
GK and monthly revision
Muthoot Finance raises FY26 growth view after profit surge
Muthoot Finance, a leading non-banking financial company in India, has raised its FY26 growth guidance to 44-45% after reporting a surge in its Q3 standalone profit. The strong performance was driven by robust gold loan demand and regulatory easing, leading to higher income and lower provisions. The company's assets under management and gold loan portfolio also witnessed significant year-on-year growth, indicating a positive outlook for the financial services sector.
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Key points
Exam-ready takeaways
Q3 standalone profit nearly doubled, aided by lower provisions and higher income
Assets under management and gold loans posted robust year-on-year growth
The strong performance was driven by robust gold loan demand and regulatory easing
Muthoot Finance is a leading non-banking financial company in India
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