Muthoot Capital reports robust growth with Rs 26.77cr net profit in H1 FY25

Muthoot Capital Services Limited (MCSL), part of the Muthoot Pappachan Group and a major player in India’s non-banking financial sector, has reported a net profit of INR 26.77 crores for the first half of the financial year 2025. The results, approved during the board meeting on October 29, 2024, underline a strong quarterly performance with significant growth indicators.

The unaudited financial results for the quarter ending September 30, 2024, highlight that Muthoot Capital achieved a quarterly profit of INR 15.97 crores. The company’s Assets Under Management (AUM) surged by 35% year-over-year to reach INR 2381 crores, showcasing its robust business trajectory.

The firm’s total income during the period stood at INR 109.79 crores, bolstered by strategic loan disbursements amounting to INR 643.50 crores. Thomas George Muthoot, Managing Director of Muthoot Capital, attributed this success to strategic initiatives and the dedication of the team, emphasizing that the company’s profit margins reached 14.55% due to effective cost management and operational excellence.

CEO Mathews Markose noted the impressive 29% increase in disbursement compared to the previous quarter, attributing the success to strategic market expansion and operational enhancements. He highlighted the improved return on assets (ROA) at 2.91%, reflecting better operational efficiency and reinforcing Muthoot Capital’s strong market position.

Industry analysts observed that Muthoot Capital’s strategic focus on retail financing and its expansion in semi-urban and rural areas have played a pivotal role in its growth. The company’s commitment to customer-centric services, especially through its network with Muthoot Fincorp branches, has contributed significantly to its rising AUM and profitability.

Muthoot Capital looks forward to leveraging new opportunities and maintaining growth momentum. The company remains committed to innovation and enhancing customer satisfaction, positioning itself for sustainable long-term success.