Muthoot Microfin: Rs 71 Cr Profit in Q4 FY26

New Delhi, May 6 (PTI) Muthoot Microfin on Wednesday reported a profit after tax of Rs 71.1 crore for the March quarter of FY26, reversing a loss of Rs 401.2 crore in the year-ago period, aided by higher net interest income and improved asset quality.

Net interest income (NII) during the quarter rose 15 per cent year-on-year to Rs 369 crore from Rs 321 crore in the corresponding period last year, the non-banking financial company-micro finance institution (NBFC-MFI) said in a stock exchange filing.

Total income during the January-March quarter of 2026 increased 14.9 per cent to Rs 638.9 crore from Rs 556.2 crore a year ago.

The company's asset quality improved during the quarter, with gross non-performing assets (GNPA) declining by 95 basis points year-on-year to 3.89 per cent, while net non-performing assets (NNPA) fell 20 basis points to 1.14 per cent.


"We are pleased to report a strong performance in Q4 FY26, underpinned by healthy growth in our loan portfolio, improved profitability, and continued strengthening of asset quality," Muthoot Microfin CEO Sadaf Sayeed said.

Assets under management (AUM) grew 13.3 per cent year-on-year to Rs 14,005.6 crore as of March 31, 2026.

For the full FY26, the microfinance lender posted a net profit of Rs 170.3 crore against a loss of Rs 222.5 crore in the previous fiscal year.

However, annual NII declined 8.7 per cent to Rs 1,415.5 crore in FY26 from Rs 1,551.1 crore in FY25.