{"id":142506,"date":"2023-02-22T06:56:06","date_gmt":"2023-02-22T11:56:06","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142506"},"modified":"2023-02-22T06:56:08","modified_gmt":"2023-02-22T11:56:08","slug":"muthoot-finance-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/muthoot-finance-limited-q3fy23-earnings-story\/","title":{"rendered":"Muthoot Finance Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n<p>The NBFC Muthoot Finance offers gold loans as part of its operations. Southern India is where the organisation mostly does business. The company also provides home loans and insurance services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/muthootfin\/\">Muthoot Finance Ltd.<\/a>\u2018s revenue in Q3FY23 fell 4% to \u20b9 30,305 millions. Consolidated Profit After Tax came at \u20b9 9,339 millions showcasing a 11% fall on an YoY basis. In this quarter\u2019s <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/24635b40-6711-47c9-800b-9dc13dea8e4d.pdf\" target=\"_blank\" rel=\"noopener\">results<\/a>, the reports suggested that the fall in profits are due to a fall in total income and a rise in total expenses.<\/p>\n\n\n\n<p>The management suggested that it is difficult for people to enter the gold loan business and understand it as an operationally challenging business. The company hopes to return to double-digit growth after 3-4 quarters.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NBFC Muthoot Finance offers gold loans as part of its operations. Southern India is where the organisation mostly does business. The company also provides home loans and insurance services. Financial Results: Muthoot Finance Ltd.\u2018s revenue in Q3FY23 fell 4% to \u20b9 30,305 millions. Consolidated Profit After Tax came at \u20b9 9,339 millions showcasing a [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134492,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1,6352],"tags":[11691,11692],"class_list":["post-142506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-finance-stocks","category-research-summary","tag-gold-loans","tag-loans"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1286423252.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":140248,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-limited-q3fy23-11-fall-in-profits\/","url_meta":{"origin":142506,"position":0},"title":"Muthoot Finance Limited Q3FY23; 11% Fall in Profits","author":"Karan_Singh","date":"February 6, 2023","format":false,"excerpt":"Muthoot Finance Ltd.'s revenue in Q3FY23 fell 4% to \u20b9 30,305 millions. Consolidated Profit After Tax came at \u20b9 9,339 millions showcasing a 11% fall on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the fall in profits are due to fall in total income and a rise\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MUTHOOTFIN.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MUTHOOTFIN.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MUTHOOTFIN.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MUTHOOTFIN.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MUTHOOTFIN.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":162233,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-ltd-q4fy24-17-rise-in-profits\/","url_meta":{"origin":142506,"position":1},"title":"Muthoot Finance Ltd Q4FY24; 17% rise in Profits","author":"Chirag Gupta","date":"June 18, 2024","format":false,"excerpt":"Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India Financial Results: Muthoot Finance Ltd reported Revenues for Q4FY24 of \u20b93,409.00 Crores up from \u20b92,853.00 Crore year on year, a rise of 19.49%. Total Expenses for Q4FY24 of \u20b91,995.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-144.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-144.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-144.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-144.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-144.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-144.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159245,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-ltd-q3fy24-14-rise-in-profits\/","url_meta":{"origin":142506,"position":2},"title":"Muthoot Finance Ltd Q3FY24; 14% rise in Profits","author":"Chirag Gupta","date":"February 27, 2024","format":false,"excerpt":"Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India Financial Results: Muthoot Finance Ltd reported Revenues for Q3FY24 of \u20b93,168.00 Crores up from \u20b92,660.00 Crore year on year, a rise of 19.1%. Total Expenses for Q3FY24 of \u20b91,795.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-224.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-224.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-224.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-224.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-224.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-224.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165783,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-ltd-q2fy25-26-rise-in-profits\/","url_meta":{"origin":142506,"position":3},"title":"Muthoot Finance Ltd Q2FY25; 26% rise in Profits","author":"Chirag Gupta","date":"November 21, 2024","format":false,"excerpt":"Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India Financial Results: Muthoot Finance Ltd reported Revenues for Q2FY25 of \u20b94,117.00 Crores up from \u20b93,060.00 Crore year on year, a rise of 34.54%. Total Expenses for Q2FY25 of \u20b92,418.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/download-12-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/download-12-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/download-12-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/download-12-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/download-12-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/download-12-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":163860,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-ltd-q1fy25-11-rise-in-profits\/","url_meta":{"origin":142506,"position":4},"title":"Muthoot Finance Ltd Q1FY25; 11% rise in Profits","author":"Chirag Gupta","date":"August 15, 2024","format":false,"excerpt":"Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India Financial Results: Muthoot Finance Ltd reported Revenues for Q1FY25 of \u20b93,704.00 Crores up from \u20b92,999.00 Crore year on year, a rise of 23.51%. Total Expenses for Q1FY25 of \u20b92,218.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-103.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-103.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-103.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-103.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-103.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-103.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153446,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-ltd-q1fy24-22-rise-in-profits\/","url_meta":{"origin":142506,"position":5},"title":"Muthoot Finance Ltd Q1FY24; 22% rise in Profits","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India Financial Results: Muthoot Finance Ltd reported Revenues for Q1FY24 of \u20b92,999.00 Crores up from \u20b92,504.00 Crore year on year, a rise of 19.77%. Total Expenses for Q1FY24 of \u20b91,712.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142506"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134492"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}