1 day ago

Muthoot Microfin Reports Higher Collections, Assets and Digital Payments

Muthoot Microfin reported that it had more money lent out than a year earlier.

It said its assets under management reached Rs 15,323 crore by September 30.

The company also gave out more loans in the second quarter than it did in the same quarter last year.

More customers made their payments, bringing collection efficiency to 98.11%.

The company’s cost of borrowing money fell below 10%.

It said digital payments made up 47% of collections, compared with 25% a year earlier.

Muthoot Microfin had 1,675 branches and 32 lakh active customers.

The figures are provisional and have not been audited.

Key facts

Assets under management: Rs 15,323 crore as of September 30, up 22% from a year earlier.
Second-quarter disbursements: Rs 2,900 crore, up 28% year over year and 10% from the first quarter.
Collection efficiency: 98.11%, up 477 basis points from the second quarter of FY26.
Cost of funds: 9.93%, down from 10.13% in the previous quarter.
Liquidity: Rs 1,701 crore, with sanctioned but unavailed credit lines of Rs 4,328 crore.
Branches and customers: 1,675 branches and 32 lakh active customers at the end of September.
Digital collections: 47% of total collections in the second quarter, compared with 25% a year earlier.
Data status: The figures in the business update are provisional and unaudited.

financialexpress.com · 1 day ago