Muthoot Finance Moves Higher After Reporting Increase in Q2 Profit

Muthoot Finance gained 9.8 percent after reporting ₹601 crore Q2 profit, reflecting 12 percent annual growth and higher gold-loan disbursements.

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Muthoot Finance Moves Higher After Reporting Increase in Q2 Profit

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Muthoot Finance Moves Higher After Reporting Increase in Q2 Profit
Muthoot Finance gained 9.
Muthoot Finance rose 9.8 percent after reporting a Q2 profit of ₹601 crore, a 12 percent increase from the previous year. The company confirmed continued expansion in gold‐loan disbursements and stated that asset volumes increased across multiple regions. The filing also showed stable repayment behaviour and consistent customer additions in its core lending operations. 
The growth figures were based on the company’s officially released quarterly financial statements covering revenues, assets, disbursements and profit metrics.
Sentinel