Gold loan company Muthoot Finance Ltd. (NSE: MUTHOOTFIN) reported its second quarter FY22 results today.
Total income was ₹2,833 crores, which was up 10% year-over-year.
Profit after tax amounted to ₹994 crores, or ₹24.77 per share, reflecting a growth of 11% from the same period last year.
“The demand environment remains strong and as we enter the festive season we remain optimistic about growth momentum in gold loan over the second half of FY22. We are optimistic about growing our gold loan book further and maintain 15% growth guidance for FY22.” – George Alexander Muthoot, Managing Director, Muthoot Finance