Its operating profit for the quarter was at Rs 211 crore, reflecting a 45% spurt. Total Income grew 21.3% year-on-year at Rs 505 crore.
Its annual net profit stood at Rs 540 crore in FY26 as compared with Rs 382 crore in the preceding fiscal.
The lender’s assets under management grew 25% year-on-year to Rs 15878 crore at the end of March. About 70% of its customers are from low income groups.
Its gross non-performing assets ratio stood at 1.8% at the end of March as compared with 1.7% a year prior. The ratio stood at 2% at the end of December.
The board of the company recommended a 260% dividend for FY26. This means Rs 5.20 dividend per share of face value of Rs 2 each.
Muthoot Microfin posts Rs 71 crore profit in Q4
Muthoot Microfin booked Rs 71 crore net profit in the fourth quarter of the fiscal as against Rs 401 crore net loss in the year ago period, backed by improvement in asset quality and lower provisions. The lender earned Rs 62.4 crore in the December quarter.Provisions for the quarter sharply came down to Rs 96 crore from 652 crore in the year-ago period in line with the 95 basis point fall in gross non-performing assets. The gross NPA ratio stood at 3.89% at the end of March as compared with 4.84% a year prior.
Its gross profit for the quarter was at Rs 97 crore against a Rs 522 crore loss earlier.
The lender’s annual net profit stood at Rs 170 crore against a net loss of Rs 223 crore in the preceding fiscal.
The company said that improvement in asset quality led to significant reduction in credit cost, which for the full FY26 reduced to 3.5% from 9.4% in the preceding year.
Its assets under management topped Rs 14,006 crore, reflecting a 13.3% year-on-year expansion.