Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Muthoot Finance's Q2 profit surged 87% on rising gold prices and strong gold loan demand, boosting its stock and growth outlook.
Muthoot Finance reported an 87.4% year-on-year surge in second-quarter profit to ₹2,345 crore, fueled by rising gold prices and strong demand for gold-backed loans.
Loan assets under management rose 47% to ₹1.32 trillion, while interest income climbed 58.5%.
The company raised its fiscal 2026 growth forecast to 30%-35% and approved a ₹35,000 crore debenture issuance to strengthen funding, as tighter unsecured lending pushed borrowers toward gold loans.
Asset quality improved, with overdue loans under 90 days falling to 2.25%.
Shares hit an all-time high and gained 59% in 2025.
9 Articles
El beneficio del segundo trimestre de Muthoot Finance aumentó un 87% debido al aumento de los precios del oro y la fuerte demanda de préstamos en oro, lo que impulsó sus acciones y perspectivas de crecimiento.