Highest Ever Standalone Profit after tax at Rs7,048 Crores in 9 Months of any year, up by 91% YoY
FinTech BizNews Service
Mumbai, 12 February 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 and 9 months ended December 31, 2025.
Consolidated Results of Muthoot Finance Ltd
Muthoot Finance Ltd Consolidated Loan Assets Under Management grew 48% YoY to Rs. 1,64,720 crores in 9M FY26 as against Rs. 1,11,308 crores in 9M FY25. During the nine months, Consolidated Loan Assets Under Management grew by Rs. 42,539 crores, growth of 35%. Consolidated Profit after tax for 9M FY26 stood at Rs. 7,209 crores as against Rs. 3,908 crores last year, an increase of 84% YoY. During the quarter, Consolidated Loan Assets Under Management grew by Rs. 17,046 crores, growth of 12%.
Financial Performance | Q3 FY26 | Q2 FY26 | QoQ% | Q3 FY25 | YoY % | 9M FY26 | 9M FY25 | YoY% |
Group Branch Network | 7,541 | 7,524 | 0.2% | 7,340 | 3% | 7,541 | 7,340 | 3% |
Consolidated Gross Loan Assets of the Group | 1,64,720 | 1,47,673 | 12% | 1,11,308 | 48% | 1,64,720 | 1,11,308 | 48% |
Consolidated Profit of the Group | 2,823 | 2,412 | 17% | 1,392 | 103% | 7,209 | 3,908 | 84% |
Contribution in the Consolidated Gross Loan Assets of the Group | ||||||||
Muthoot Finance Ltd | 1,44,203 | 1,29,185 | 12% | 96,072 | 50% | 1,44,203 | 96,072 | 50% |
Subsidiaries | 20,517 | 18,488 | 11% | 15,236 | 35% | 20,517 | 15,236 | 35% |
Contribution in the Consolidated Profit of the Group | ||||||||
Muthoot Finance Ltd | 2597 | 2298 | 13% | 1,341 | 94% | 6,900 | 3,647 | 89% |
Subsidiaries | 226 | 114 | 99% | 51 | 347% | 309 | 261 | 18% |
Mr. George Jacob Muthoot, Chairman, The Muthoot Group, said, “We are pleased to announce another quarter of robust performance, marked by significant milestones in our Loan Assets Under Management (AUM). Our Consolidated Loan AUM has reached a new landmark, crossing Rs. 1,64,000 crores, with the Standalone Loan AUM also exceeding Rs. 1,47,000 crores. The subsidiaries contribute a solid 12% to the Consolidated Loan AUM. This performance is underscored by our Consolidated Profit after Tax for 9M FY26, which saw an 84% year-on-year increase to Rs. 7,209 crores. This significant growth occurred amid a supportive domestic macroeconomic environment: the Union Budget 2026’s focus on fiscal consolidation has boosted confidence, while the RBI’s policy rate cuts and liquidity management have fostered a more accommodative credit landscape. Additionally, targeted GST rate reductions are playing a crucial role in supporting consumption, thereby driving incremental credit demand for households and small businesses. In this environment, our core business of secured gold loans has become increasingly relevant, offering customers timely and transparent liquidity. Higher gold prices have naturally enhanced customer borrowing capacity, while our disciplined underwriting continues to ensure strong portfolio resilience. This consistent performance over the quarters has been enabled by the Group’s vast operational network, comprising over 7,500 ready-to-serve branches and a dedicated team of 50,000+ employees.”
Alongside strengthening our core gold loan business, we continue to selectively expand our presence across other lending segments in a calibrated manner. Our Microfinance vertical recorded strong recovery, reporting a profit of Rs. 51 Crores for Q3 FY26. This was driven by better underwriting practices following the implementation of guardrails. We remain committed to advancing financial inclusion by enabling responsible access to credit and creating long-term value for all stakeholders.”
Mr. George Alexander Muthoot, Managing Director, Muthoot Finance, said, "We are delighted to report another quarter of strong, consistent growth, building on our established performance trajectory. Our Standalone Loan AUM achieved a historic YoY growth of Rs. 50,065 crores, primarily fueled by a robust 50% YoY growth in our core gold loan portfolio. Over the nine-month period (9M), standalone gold loans increased by Rs. 36,702 crores, setting a new record of Rs1,39,658 crores. This performance aligns with the accelerated demand for gold loans, especially evident during the festive season. Consequently, our Standalone Profit after Tax for 9M grew by 91% YoY to Rs. 7,048 crores.
This success reflects the increasing acceptance of gold loans as a convenient, trusted, and secure credit solution for a diverse customer base, including salaried individuals, self-employed professionals, and small business owners. The higher price of gold has further empowered our customers to unlock greater value from their existing assets to confidently meet their personal and business financial needs.
This sustained demand is powerfully supported by Muthoot Finance’s strong operational foundation and unwavering customer-first approach, anchored by our extensive branch network and long-standing relationships built on trust. Our continuous investments in technology—encompassing digital onboarding, faster processing, and enhanced risk monitoring—are dedicated to creating a smoother and more seamless borrowing experience. By combining prudent lending practices with process integrity and technology-led efficiencies, we remain committed to delivering consistent service quality, safeguarding customer interests, strengthening our core gold loan operations, advancing financial inclusion, and creating enduring value for all stakeholders.”
