Muthoot Finance’s Q2FY25 consolidated net profit rises by 21%

Ace News

16th Nov 2024

Muthoot Finance has reported results for second quarter ended September 30, 2024 (Q2FY25). 

The company has reported 26.25% rise in its net profit at Rs 1,251.14 crore for the quarter ended September 30, 2024 as compared to Rs 991.00 crore for the same quarter in the previous year. Total income of the company increased by 34.25% at Rs 4,126.23 crore for Q2FY25 as compared to Rs 3,073.60 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 20.63% rise in net profit at Rs 1,321.22 crore for Q2FY25 as compared to Rs 1,095.29 crore for the same quarter in the previous year. Total income of the company increased by 36.49% at Rs 4,957.39 crore for Q2FY25 as compared to Rs 3,631.95 crore for the corresponding quarter previous year.