Muthoot Finance Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Muthoot Finance Ltd reported a 5.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 35.9%.
- Its expenses for the quarter were up by 6.3% QoQ and 32.0% YoY.
- The net profit increased 5.3% QoQ and increased 21.5% YoY.
- The earnings per share (EPS) of Muthoot Finance Ltd stood at 35.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 5221.69 | 4957.39 | 3842.68 | 5.3% | 35.9% |
Total Expenses | 2908.51 | 2735.69 | 2202.61 | 6.3% | 32.0% |
Profit Before Tax | 1886.32 | 1801.78 | 1534.35 | 4.7% | 22.9% |
Tax | 494.78 | 480.55 | 389.04 | 3.0% | 27.2% |
Profit After Tax | 1391.54 | 1321.22 | 1145.31 | 5.3% | 21.5% |
Earnings Per Share | 35.40 | 31.70 | 27.50 | 11.7% | 28.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Muthoot Finance Ltd is a prominent Indian financial corporation primarily engaged in providing financial services. The company is well-known for its gold loan business, which constitutes a significant portion of its operations. Muthoot Finance operates in the non-banking financial company (NBFC) sector and is a leading player in the gold loan category. It offers various financial products such as gold loans, housing finance, personal loans, and microfinance. As a major NBFC, Muthoot Finance plays a crucial role in providing financial solutions to its customers, leveraging its extensive network across India.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Muthoot Finance Ltd reported a total income of ₹5221.69 crores. This represents a quarter-over-quarter (QoQ) growth of 5.3% compared to the second quarter of FY25, where the total income was ₹4957.39 crores. Year-over-year (YoY), the total income increased by 35.9% from ₹3842.68 crores in Q3FY24. This growth in revenue reflects the company's capacity to enhance its income sources and possibly its market position over the analyzed periods.
Profitability
In Q3FY25, Muthoot Finance's profit before tax was recorded at ₹1886.32 crores, showing an increase of 4.7% QoQ from ₹1801.78 crores in Q2FY25 and a YoY rise of 22.9% from ₹1534.35 crores in Q3FY24. The profit after tax for Q3FY25 stood at ₹1391.54 crores, an increase of 5.3% QoQ from ₹1321.22 crores in the previous quarter and a 21.5% YoY rise from ₹1145.31 crores in the same quarter of the previous fiscal year. The company's earnings per share (EPS) for Q3FY25 was ₹35.40, marking an 11.7% increase from ₹31.70 in Q2FY25 and a 28.7% increase from ₹27.50 in Q3FY24. These figures indicate sizable improvements in profitability metrics over both the quarterly and annual periods.
Operating Metrics
The total expenses of Muthoot Finance for Q3FY25 were ₹2908.51 crores, which is a 6.3% increase from ₹2735.69 crores in Q2FY25 and a 32.0% increase from ₹2202.61 crores in Q3FY24. The tax expense for the current quarter was ₹494.78 crores, which is 3.0% higher than ₹480.55 crores in the previous quarter and 27.2% higher than ₹389.04 crores in the same quarter last year. These operating metrics provide a view of the company's expenditure patterns and tax liabilities across different periods. The steady rise in expenses alongside revenue growth may reflect various operational dynamics within the company over time.
