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Motilal Oswal: Muthoot Finance Reports Highest Sequential AUM Growth In A Decade   

Motilal Oswal: Muthoot Finance Reports Highest Sequential AUM Growth In A Decade   

 Pedestrians walk past a Muthoot Finance Ltd. branch in Mumbai, India.(Photographer Dhiraj Singh/Bloomberg)
Pedestrians walk past a Muthoot Finance Ltd. branch in Mumbai, India.(Photographer Dhiraj Singh/Bloomberg)

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Motilal Oswal Report

Muthoot Finance Ltd.’s Q2 FY21 profit after tax increased 4% YoY to Rs 8.9 billion (4% beat).

The quarter was characterized by best sequential loan growth of 14% (since FY12), stable spreads and sharp improvement in asset quality.

In H1 FY21, net income/profit after tax increased 18%/25% YoY to Rs 31.7 billion/Rs 17.4 billion.

Click on the attachment to read the full report:

Motilal Oswal Muthoot Finance Q2FY21 Result Update.pdf

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