Muthoot Finance Q2 results: profit rises 36% to Rs 3,278 crore, loans up 42%

Muthoot Finance Q2 results show consolidated profit of Rs 3,278 crore for the quarter ended 30 September 2026 (Q2 FY27), up 36% from Rs 2,412 crore a year earlier. Consolidated loan assets under management (AUM) reached Rs 2,09,317 crore, 42% higher than a year earlier. The figures come from the company’s Q2 results press release filed with NSE on 31 October 2026.

Muthoot Finance Q2 results: key numbers

Measure (Rs crore)	Q2 FY27	Q2 FY26	Change
Consolidated profit	3,278	2,412	+36%
Consolidated loan AUM	2,09,317	1,47,673	+42%
Consolidated profit, first half (H1)	6,103	4,386	+39%
Profit of Muthoot Finance Ltd (parent only)	2,909	2,298	+27%

Compared with the previous quarter, consolidated profit rose 16%, from Rs 2,825 crore. Standalone profit after tax for the first half was Rs 5,527 crore, up 26%, according to the release.

Why profit rose

The release centres on gold loans. Consolidated gold loan AUM reached Rs 1,93,212 crore at 30 September 2026, up 46%. Standalone average gold loan AUM per branch was Rs 34 crore.

Managing Director Alexander George Muthoot said the company is revising its FY27 gold loan growth guidance upward by an additional 10%. He also said the RBI’s updated gold lending guidelines, effective 1 April 2026, have been a learning curve for the company.

One-time items

The release summary reviewed for this article does not flag one-time items.

What to watch next

The board has approved merging the wholly owned subsidiary Muthoot Money Limited into Muthoot Finance, with an appointed date of 1 April 2027, subject to regulatory and other approvals. Executive Director K.R. Bijimon has also been elevated to chief executive officer from 1 October 2026. For other quarterly results, see more results news.