Muthoot Finance Q2 profit jumps 36% on gold loan boom

Muthoot Finance reported a 36% year-on-year rise in consolidated profit to ₹3,278 crore for July-September, powered by strong gold loan demand. Consolidated total income climbed 37% to ₹10,011 crore, while loan assets under management grew 42% to ₹2.09 trillion. Gold loan AUM alone rose 43% to ₹1.79 trillion, though impairment provisions jumped to ₹515 crore from ₹95 crore.