Kochi, October 31, 2026: Muthoot Finance Ltd reported a 39% year-on-year increase in consolidated profit after tax to ₹6,103 crore for the half year ended September 30, 2026, as consolidated loan assets under management (AUM) grew 42% to ₹2,09,317 crore.
The company’s standalone loan AUM also rose 42% year-on-year to ₹1,87,810 crore, while standalone profit after tax increased by 26% to ₹5,527 crore for the half year. Consolidated gold loan AUM registered a 46% year-on-year growth, reaching ₹1,93,212 crore as of September 30, 2026.
Board approves H1 FY27 results
The Board of Directors approved the unaudited standalone and consolidated results for the quarter and half year at a meeting held on October 31, 2026. During the half year, consolidated loan AUM grew by ₹27,401 crore, representing a 15% increase over the previous half. The group’s branch network expanded to 7,904 branches, up 5% from 7,524 branches a year earlier.
Subsidiaries and group performance
Muthoot Finance Ltd contributed ₹1,83,700 crore to the group’s consolidated gross loan assets, a 42% rise from ₹1,29,185 crore in H1 FY26. Subsidiaries accounted for ₹25,617 crore, up 39% year-on-year. In terms of profit, Muthoot Finance Ltd posted ₹5,393 crore for the half year, while subsidiaries contributed ₹710 crore, marking a 755% increase from ₹83 crore in H1 FY26.
Leadership changes and branch expansion
Alexander George Muthoot assumed the role of Managing Director effective October 1, 2026. During the quarter, the company added 201 branches, further expanding its presence across India.
Revised gold loan growth guidance
Commenting on the results, Managing Director Alexander George Muthoot said the company is revising its gold loan growth guidance for FY27 upward by an additional 10%. He noted that the Reserve Bank of India’s updated gold lending guidelines, effective April 1, 2026, will require a period of adjustment for both the company and its customers, but expressed confidence that growth momentum would continue.
Muthoot Finance is a non-banking financial company headquartered in Kochi, focused on gold loans and related financial services.
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