Muthoot Microfin Q1 Profit Surges to Rs 81 Cr

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Aug 07, 2026 18:07

Muthoot Microfin''s Q1 net profit surged to Rs 81 crore, driven by strong loan disbursements. Total income hit Rs 671 crore, with improved NIM and reduced NPAs.

Muthoot Microfin Q1 Profit Surges to Rs 81 Cr

Illustration: Uttam Ghosh/Rediff.com

New Delhi, Aug 7 (PTI) Muthoot Microfin Ltd has posted a multifold jump in net profit to Rs 81 crore in the first quarter ended June 2026, helped by increased loan disbursement.

The non-banking financial company-micro finance institution (NBFC-MFI) had earned a profit of Rs 6 crore in the year-ago period.

The company's total income also rose to Rs 671 crore during the reporting quarter from Rs 559 crore in the year-ago period.

Expenses increased marginally to Rs 564 crore against Rs 553 crore in the same quarter a year ago, Muthoot Microfin Ltd said in a regulatory filing on Thursday.

During the quarter under review, loan disbursements rose to a record Rs 2,645 crore, registering a growth of 49 per cent.

The gross non-performing assets (NPAs) moderated to 3.7 per cent compared to 4.85 per cent a year ago.

Net Interest Margin (NIM) improved to 12 per cent from 11.5 per cent recorded in the same quarter a year ago.

Source: PTI By Rediff Money Desk, New Delhi

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