Muthoot Finance lifts Q2 FY27 profit after tax by 27% to ₹2,977 crore
Muthoot Finance reported a 27% rise in profit after tax to ₹2,977 crore, while its loan book grew 42% year on year, according to Moody's.
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what happened
India's gold loan lender Muthoot Finance Ltd reported a 27% rise in profit after tax (PAT) to ₹2,977 crore in the second quarter of FY27, up from ₹2,345 crore a year earlier. According to Moody's, first-half PAT reached ₹5,527 crore, 26% higher than in H1 FY26.
Loan assets under management rose 42% to ₹1,87,810 crore, and consolidated PAT for the half increased 39% to ₹6,103 crore. The company added 201 branches during the quarter.
Managing Director Alexander George Muthoot said the gold loan growth guidance for FY27 has been raised by an additional 10%.
why it matters
The results point to firm demand for gold-backed lending in India. Management said the RBI's updated gold lending rules, effective April 1, 2026, require adjustment from both the company and its customers, and expects this to stabilise over several quarters.
market impact
Muthoot Finance shares: strong results support the stock
- Muthoot Finance shares pressure up — profit and loan book growth are running well ahead of last year
tags
instruments
sources
- Muthoot Finance posts 27% rise in PAT at ₹2,977 crore in Q2 FY27 — Moody's, 31 October 2026 at 15:01 UTC
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