Muthoot FinCorp records highest-ever loan disbursement in FY24 at Rs 61,703 crore
Muthoot FinCorp reported its highest-ever loan disbursements in FY24 at Rs 61,703.26 crore, up 18.6%, with an asset under management of Rs 33,359.30 crore. The company's consolidated net profit surged 62% to Rs 1,047.98 crore. Muthoot FinCorp's standalone disbursements rose 15% to Rs 50,167.12 crore, with a 22.4% increase in profit after tax to Rs 562.81 crore. The company's revenue for the March quarter of FY24 was Rs 1,197.31 crore, representing a 25.59% growth.