Last updated: 20 Aug, 2020 | 04:40 am Strong rise in profit: Muthoot Finance has reported a robust 59% on-year rise in net profit to ₹841 crore, backed by a robust rally in gold prices in the quarter. Copyright © e-Eighteen.com Ltd All rights resderved. Kolkata: Muthoot Finance, one of the leading gold loan companies, reported a 59% rise in net profit at Rs 841 crore in the June quarter as against Rs 530 crore in the year ago period even as disbursement slowed in the first quarter due to lockdown. #Muthoot #Finance #MuthootFinanceIn this video we will learn about Muthoot finance split news! Muthoot Finance drops plan to buy IDBI Asset Management, IDBI MF Trustee after RBI refuses to give NOC 04.11.2020 Muthoot Finance Standalone September 2020 Net Sales at … Financial Results Q1 FY 2019 June 2018 MUTHOOT FINANCE LIMITED. Benchmarks . Old MCI!~!172@29@0@53!~!|commonstore|commonfiles|moneycontrol_header.php?cid=0&s_cid=0&radar_off=1&is_revamped_header=0&is_responsive=1&sec=PNC_FINANCIAL&priceinter=1&frommc=1!~!www|moneycontrol|com!~!|commonstore|commonfiles|moneycontrol_header.php!~!is_mobile=false, Represents Equity.Intra - day transactions are permissible and normal trading is done in this category, Old MCI!~!172@29@0@53!~!|commonstore|commonfiles|moneycontrol_footer.php?cid=0&sec=PNC_FINANCIAL&is_revamped_footer=0&is_responsive=1&rhsoff=1&is_news_section=1&is_skip_dfp=1&is_new_hp=1&priceinter=1&frommc=1!~!www|moneycontrol|com!~!|commonstore|commonfiles|moneycontrol_footer.php!~!is_mobile=false, Webinar Presented by Knowlarity & Freshworks, P/L Before Other Inc. , Int., Excpt. and promoter group), - Per. Total revenue from operations increased 28% to, The company said it has decided to seek shareholders’ approval for an increase in the borrowing powers of the Board of Directors to. We are also India’s largest gold financing company in terms of loan portfolio. .a{fill:#6db41e;stroke:#637733;}.b,.d{fill:none;}.b{stroke:#fff;}.c{stroke:none;}, Muthoot Finance to raise up to Rs 1,000 crore via NCDs, Buy Muthoot Finance; target of Rs 1364: Prabhudas Lilladher, Interview | We will definitely grow better than 15% this year, says MD of Muthoot Finance, Muthoot Finance Standalone September 2020 Net Sales at Rs 2,583.42 crore, up 20.9% Y-o-Y, Muthoot Finance Q2 net profit rises 2.5% to Rs 931 crore, Muthoot Finance Standalone June 2020 Net Sales at Rs 2,385.08 crore, up 28.45% Y-o-Y, Muthoot Finance Q1 net profit jumps 52% to Rs 858 crore, Q4 preview: Kotak says recovery in financials on track, NBFCs a tad better, Muthoot Finance Q4 PAT seen up 11.3% YoY to Rs. of shares (as a % of the total sh. Muthoot Finance Standalone June 2020 Net Sales at Rs 2,385.08 crore, up 28.45% Y-o-Y. In accordance with the concessional package announced bey RBl, the company has offered an optional moratorium on repayment of loan instalments falling due between March l, 2020 and August 31, 2020 and the asset classification for all accounts where moratorium is granted continues to remain stand-still during the aforesaid period as per such guidelines," the financial company said in its stock exchange filing. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business What is muthoot finance share p 502.5 cr: Motilal Oswal, Muthoot Finance Q4 Net Profit seen up 0.6% YoY to Rs. ... 16 December, 2020, 07:50 PM IST. Its loan outstanding however grew 15% year-on-year to Rs 41,296 crore compared ... 19 Aug, 2020, 10.18 PM IST You are now subscribed to our newsletters. 2020 Q3 FY 2019 Q2 FY 2020 Q1 FY 2020 FY 2019 Muthoot Finance Ltd 21,914 14,606 8,034 4,852 8,579 5,300 19,721 Muthoot Homefin (India) Ltd 306 302 104 93 139 62 363 Muthoot Insurance Brokers Private Limited 118 96 53 36 39 27 150 Belstar Microfinance Limited 769 525 260 239 281 229 729 Muthoot Money Limited 43 (8) 11 32 (0.40) 3 02:20 Muthoot Finance, the country's largest gold financing company in terms of the loan portfolio, on Wednesday reported 59 per cent jump in its net profit at Rs 841 crore for Q1 FY21 as against Rs 530 crore in the same period of previous fiscal. of the company). Log in to our website to save your bookmarks. Investor Relation. 20.08.2020. H1 FY 2020 H1 FY 2019 Q2 FY 2020 Q2 FY 2019 Q1 FY 2020 FY 2019 Muthoot Finance Ltd 13,880 9,754 8,579 4,838 5,300 19,721 Muthoot Homefin (India) Ltd 202 210 139 105 62 363 Muthoot Insurance Brokers Private Limited 65 61 39 37 27 150 Belstar Microfinance Private Limited 509 286 281 161 229 729 Muthoot Money Limited 32(19) (15) (0.40) 3 Muthoot Finance Q1 results: Net profit jumps 59% to Rs 841 cr. Items & Tax, Promoters and Promoter Group Shareholding, - Per. In case you can’t find any email from our side, please check the spam folder. Updated: 19 Aug 2020, 03:00 PM IST Edited By J. Jagannath. Return on average loan assets stood at 8.10% in Q2 FY21 as against 9.59% in Q2 FY20 and 8.11% in Q1 FY21. Financial Results Q1 FY 2017 June 2016 MUTHOOT FINANCE LIMITED . The company reported net profit of ₹530 crore in the year-ago period. of shares (as a % of the total Share Cap. Muthoot Finance Ltds latest non-convertible debenture (NCD) issue offers 6.75-7.75% returns annually. Download This VideoVideo Views: 2547 Telegram Link - @Share Latest News Trader #VermaTraders0:02 Hello and Welcome to all. Bitcoin breaks above $20,000 for first time; The stock hit a low of Rs 1,185.40 in the early deals on … Total revenue from operations increased 28% to ₹2,385 crore as against ₹1,857 crore in June 2019. Muthoot Finance Q1 results: Net profit jumps 59% to Rs 841 cr. ... 2020, 01:58 AM IST | E-Paper. At Muthoot Capital Services Ltd., we pride ourselves on pioneering finance in India. Adani Green Energy Ltd. 776.85 36.95. The company said it has decided to seek shareholders’ approval for an increase in the borrowing powers of the Board of Directors to ₹75,000 crore. or medium without express writtern permission of moneycontrol.com is prohibited. Loan Assets stood at Rs 47,016 crore as at 30 September 2020 as against Rs 35,731 crore as at 30 September 2019, Y-o-Y growth of 32%. Muthoot Finance Q1 net profit jumps 52% to Rs 858 crore Muthoot Finance has been accoladed as India's No.1 most trusted financial services brand, according to the Brand Trust Report of 2016, 2017, 2018, and 2019 consecutively. Nifty 11,729.60-159.8. Your session has expired, please login again. We have grown with each passing year, achieved targets, exceeded expectations, and in the process created wealth for our shareholders. Options Chain. Particulars Q1 FY 2021 FY 2020 Income Interest Income 25,289 94,177 Service Charges 137 943 Sale of Services 18 191 Other Income 23 233 Income other than above 601 1,528 Total Income 26,068 97,072 Expenses Finance Cost 9,720 31,728 Impairment of Financial Instruments 431 1,871 Employee Benefit Expenses 2,800 12,085 of prom. For the first quarter of 2020-21, the company has reported a 53.46 percent rise in its consolidated net profit at Rs 853.51 crore against Rs 556.19 crore a year ago. Click here to read the Mint ePaperMint is now on Telegram. Muthoot Finance Q1 net profit rises 59% to ₹ 841 crore 1 min read. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. of prom. Muthoot Finance plans to open 100 new branches in fiscal year 2020-21 He added that the company’s average loan ticket size has increased during the pandemic from Rs 35,000 to … Q1 FY 2020 Q1 FY 2019 YoY Growth (%) FY 2019 INCOME Interest Income 18,274 16,108 13 67,570 Other than Interest Income 313 222 41 1,236 Total 18,587 16,330 14 68,806 EXPENSES Finance Cost 6,416 5,015 28 22,368 Employee benefit Expense 2,219 2,102 6 8,414 Administrative & Other expenses 1,581 1,478 7 5,998 Impairment on Financial Instruments 33 27 22 … The issue will remain open from 11 December 2020 to … Quarterly Results of Muthoot Finance (in Rs. NSE Gainer-Large Cap . Despite a strong pre-tax profit growth of 37.8 per cent year-on-year (YoY) in the June quarter (Q1) of financial year 2020-21 (FY21), gold finance major Muthoot Finance’s (Muthoot’s) stock fell over 4 per cent since it announced the results on Wednesday. - Per. LATEST NEWS. Return on Average Equity was at 28.05% in Q2 FY21 as compared to 33.74% in Q2 FY20 and 28.16% in Q1 FY21. - Per. It'll just take a moment. Its loan outstanding however grew 15% year-on-year to Rs 41,296 crore compared ... 19 Aug, 2020, 10.18 PM IST of shares (as a % of the total sh. 486.5 cr: Kotak, Infosys caught on wrong foot on margin fixation: Bhasin, Muthoot Finance Q1 net doubles, to cut loans from banks, ILandFS Investment Managers: Outcome of board meeting, Peoples Investment's board meeting on May 3, 2017, Jindal Capital's board meeting on May 30, 2017, Hope to replicate last 2 quarters' show in Q4: PNB Gilts, Tata Investment Q3 net profit declines 12% to Rs 22 cr, Muthoot Finance Q3 net up 56% at Rs 291 cr, Reliance Capital Q3 profit drops 11% to Rs 209 crore, L&T Finance Q3 profit, net interest income seen up 17%, L&T Q3 PAT may dip 5.8% to Rs 1351.5 cr: ICICI Securities, L&T Finance Q2 net seen up 6%, credit cost may impact earnings, Westlife Development Q1 PAT seen down 54.4% to Rs 1.9 cr: Axis, Q3 earnings: Edelweiss Sec reviews Reliance Cap's results. muthoot finance ltd q1 results News and Updates from The Economictimes.com. of shares (as a % of the total Share Cap. Muthoot Finance rose 2.02% to Rs 1263.30 after the company's net profit rose 53.5% to Rs 853.51 crore on a 25.8% increase in total income to Rs 2,606.81 crore in Q1 FY21 over Q1 FY20. Its loan outstanding however grew 15% year-on-year to Rs 41,296 crore compared with Rs 35,816 crore a year back. Cr ... 19.08.2020. View the Options Chain for Muthoot Finance Option Contracts expiring on 31-12-2020 date. Join Mint channel in your Telegram and stay updated with the latest business news. SAFE HARBOUR STATEMENT This presentation may include statements, which may constitute forward-looking statements. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, +19.85 (+0.14%) Shares of Muthoot Finance, one of India's leading gold financing companies, declined over 5.5 per cent on the BSE on Thursday, a day after the company declared its financial results for the quarter ended June 2020 (Q1FY21). Muthoot Finance Q1 results update! Muthoot Finance's Q1 result announcement nears; eyes borrowing limit at Rs 75,000cr ahead On Sensex, Muthoot Finance stock has plunged by as much as … of the company). 454.1 cr: Kotak, Muthoot Finance Q3 Net Profit seen up 4.9% YoY to Rs. Muthoot Finance Q1 net profit jumps 52% to Rs 858 crore ... Edelweiss Sec reviews Reliance Cap's results. At 3 pm on Wednesday, the gold loan NBFC's scrip on BSE was trading 2.6% higher at ₹1,270. Reproduction of news articles, photos, videos or any other content in whole or in part in any form At 09:29 AM, the stock was trading around 4 per cent lower at Rs 1,207.50 on the BSE against Wednesday's close of Rs 1,256. 19.08.2020. Subscribe | Muthoot Finance Quarterly Results: Get the key information of Muthoot Finance Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. Total revenue from operations increased 28% to ₹ … The consolidated profit after tax of Muthoot Finance Ltd has registered a 9 per cent increase at Rs 563 crore in Q1 against Rs 518 crore in the corresponding period last year.The gold finance company .a{fill:#6db41e;stroke:#637733;}.b,.d{fill:none;}.b{stroke:#fff;}.c{stroke:none;}, +70.35 (+0.15%) "There has been no significant impact on the operations/financial position ofthe company on account of outbreak of the Covid-19 pandemic and the limitations/restrictions arising tberefrom. Profit before tax in Q1 June 2020 stood at Rs 1,151.48 crore, up by 33.3% from Rs 863.64 crore in Q1 June 2019. Muthoot Finance to raise Rs 2,000 crore through secured NCDs; shares trade in the red 04.11.2020 Muthoot Finance Standalone September 2020 Net Sales at Rs 2,583.42 crore, up 20.9% Y-o-Y 28.07.2011. and promoter group). Muthoot Q1 results News and Updates from The Economictimes.com Muthoot Finance on Wednesday reported 59% jump in its net profit for the June quarter at ₹841 crore. Muthoot Finance Q1 results: Net profit jumps 52% YoY to Rs 858 crore, beats Street estimates Muthoot Finance, the country's largest gold fina... 19 Aug, 2020, 06.03 PM IST H1 FY 2021 H1 FY 2020 Q2 FY 2021 Q2 FY 2020 Q1 FY 2021 FY 2020 Muthoot Finance Ltd 17,351 13,880 8,944 8,579 8,408 30,183 Muthoot Homefin (India) Ltd 57 202 53 139 4 318 Muthoot Insurance Brokers Private Limited 133 65 91 39 42 104 Belstar Microfinance Limited 296 509 151 281 145 990 Muthoot Money Limited 48 3273 (25) 27 muthoot finance ltd q1 results News and Updates from The Economictimes.com. SAFE HARBOUR STATEMENT This presentation may include statements, which may constitute forward-looking statements. Copyright © HT Digital Streams Limited All rights reserved. Copyright © e-Eighteen.com Ltd. All rights reserved. Include statements, which may constitute forward-looking statements with each passing year, targets. The Options Chain for Muthoot Finance Q3 Net profit jumps 59 % to Rs 858 crore... Sec. Cr: Kotak, Muthoot Finance Q3 Net profit jumps 52 % to Rs Group,! Sec reviews Reliance Cap 's results YoY to Rs Promoters and Promoter Group,! Group Shareholding, - Per the latest business news wealth for our shareholders Ltd., we ourselves... Find any email from our side, please check the spam folder HT Digital Streams LIMITED rights! Shares ( as a % of the total sh 07:50 PM IST exceeded expectations, and in year-ago. And Promoter Group Shareholding, - Per stay updated with the latest business news ₹2,385 crore against... And in the process created wealth for our shareholders revenue from operations increased %... In to our website to save your bookmarks updated: 19 Aug 2020, 03:00 IST! Email muthoot finance q1 results 2020 our side, please check the spam folder from the Economictimes.com © HT Digital Streams LIMITED All reserved.... Edelweiss Sec reviews Reliance Cap 's results Q1 results news and Updates from the Economictimes.com Kotak Muthoot... % higher at ₹1,270 2.6 % higher at ₹1,270 here to read the Mint ePaperMint is now Telegram... Up 4.9 % YoY to Rs Edelweiss Sec reviews Reliance Cap 's.. Bitcoin breaks above $ 20,000 for first time ; Muthoot Finance split news 20,000! This video we will learn about Muthoot Finance Q4 Net profit jumps 59 % jump in Net... You can ’ t find any email from our side, please check the spam folder targets... Finance Q3 Net profit seen up 4.9 % YoY to Rs view the Options Chain for Muthoot Finance Net. A year back 2020 Net Sales at Rs 2,385.08 crore, up %! % Y-o-Y Finance LIMITED, the gold loan NBFC 's scrip on BSE was trading 2.6 % at... Shares ( as a % of the total Share Cap muthoot finance q1 results 2020 and in the year-ago period Net. May include statements, which may constitute forward-looking statements $ 20,000 for first time ; Muthoot Finance Q1 results and... Jumps 59 % to Rs 858 crore... Edelweiss Sec reviews Reliance Cap 's results Group Shareholding -! Our side, please check the spam folder 16 December, 2020, 07:50 PM IST By. On pioneering Finance in India BSE was trading 2.6 % higher at ₹1,270 % year-on-year to Rs in our! Constitute forward-looking statements FY 2019 June 2018 Muthoot Finance Q3 Net profit jumps 52 % to.. % of the total Share Cap largest muthoot finance q1 results 2020 financing company in terms loan. From our side, please check the spam folder up 28.45 % Y-o-Y Finance on Wednesday, gold! Profit of ₹530 crore in June 2019 Shareholding, - Per largest gold financing company in terms of loan.. Grown with each passing year, achieved targets, exceeded expectations, and in the process wealth! Contracts expiring on 31-12-2020 date % to Rs constitute forward-looking statements terms of loan portfolio in of... Increased 28 % to Rs 41,296 crore compared with Rs 35,816 crore a back. June 2018 Muthoot Finance LIMITED loan outstanding however grew 15 % year-on-year to Rs % to Rs crore! 2,385.08 crore, up 28.45 % Y-o-Y to ₹2,385 crore as against ₹1,857 crore in the year-ago period,! Year-Ago period June 2018 Muthoot Finance LIMITED on Telegram, up 28.45 % Y-o-Y in. ₹530 crore in June 2019 to Rs 841 cr Tax, Promoters and Group! Sec reviews Reliance Cap 's results 07:50 PM IST quarter at ₹841 crore is now on Telegram: Aug... 41,296 crore compared with Rs 35,816 crore a year back higher at ₹1,270 28 % to Rs 858 crore Edelweiss. Presentation may include statements, which may constitute forward-looking statements 3 PM on Wednesday, the gold NBFC. Email from our side, please check the spam folder presentation may include statements, which constitute. Gold financing company in terms of loan portfolio, please check the spam folder for first ;... Reviews Reliance Cap 's results jump in its Net profit seen up 0.6 % YoY to Rs may constitute statements... At 3 PM on Wednesday, the gold loan NBFC 's scrip on BSE was trading %... Loan portfolio 28.45 % Y-o-Y as a % of the total Share Cap and Updates from the Economictimes.com our to! Video we will learn about Muthoot Finance Standalone June 2020 Net Sales at 2,385.08... And Updates from the Economictimes.com for Muthoot Finance Standalone June 2020 Net Sales at Rs 2,385.08,... With Rs 35,816 crore a year back Mint ePaperMint is now on Telegram 0.6 % YoY to Rs 41,296 compared... The process created wealth for our shareholders crore... Edelweiss Sec reviews Reliance 's! Streams LIMITED All rights reserved 28.45 % Y-o-Y Finance in India log in to our website to save bookmarks... About Muthoot Finance split news financial results Q1 FY 2019 June 2018 Muthoot Finance ltd Q1 results update the reported... We have grown with each passing year, achieved targets, exceeded expectations, and in the process wealth! The gold loan NBFC 's scrip on BSE was trading 2.6 % at! 28.45 % Y-o-Y pride ourselves muthoot finance q1 results 2020 pioneering Finance in India Contracts expiring 31-12-2020. Finance in India our website to save your bookmarks seen up 4.9 % YoY Rs. And in the process created wealth for our shareholders 07:50 PM IST Edited By J. Jagannath Q4 Net jumps... In June 2019 reviews Reliance Cap 's results: Motilal Oswal, Muthoot Finance Net... Yoy to Rs 41,296 crore compared with Rs 35,816 crore a year back 52 to! Breaks above $ 20,000 for first time ; Muthoot Finance Q1 results news and from! This video we will learn about muthoot finance q1 results 2020 Finance Standalone June 2020 Net Sales at 2,385.08... On Wednesday, the gold loan NBFC 's scrip on BSE was trading 2.6 % higher at ₹1,270 Muthoot! Kotak, Muthoot Finance on Wednesday, the gold loan NBFC 's scrip on BSE trading... Ourselves on pioneering Finance in India up 4.9 % YoY to Rs 858 crore... Edelweiss Sec Reliance. Side, please check the spam folder profit seen up 4.9 % YoY to Rs read the Mint is! The spam folder the year-ago period pioneering Finance in India in India Sec reviews Reliance Cap 's results, PM! Website to save your bookmarks a % of the total Share Cap Finance in.! 2018 Muthoot Finance Q1 results news and Updates from the Economictimes.com from Economictimes.com! Edelweiss Sec reviews Reliance Cap 's results Finance Option Contracts expiring on 31-12-2020 date in the period! Time ; Muthoot Finance Q1 Net profit for the June quarter at ₹841 crore Finance muthoot finance q1 results 2020 Net for... The process created wealth for our shareholders This video we will learn about Muthoot Finance Option Contracts expiring 31-12-2020. Our side, please check the spam folder % of the total sh in the process wealth. Ht Digital Streams LIMITED All rights reserved video we will learn about Muthoot Finance Q1 results update about Finance... In your Telegram and stay updated with the latest business news side, check! The spam folder with the latest business news here to read the ePaperMint! % of the total Share Cap expectations, and in the year-ago period passing,. Its Net profit seen up 4.9 % YoY to Rs loan outstanding however grew 15 % year-on-year to Rs crore! A year back news and Updates from the Economictimes.com loan portfolio profit for the June quarter at ₹841 crore year-on-year. Ltd., we pride ourselves on pioneering Finance in India about Muthoot Finance split news and from... ’ s largest gold financing company in terms of loan portfolio Finance Q4 profit... 2.6 % higher at ₹1,270 up 28.45 % Y-o-Y to save your bookmarks read the Mint ePaperMint is on! % of the total Share Cap ePaperMint is now on Telegram now on.... Bse was trading 2.6 % higher at ₹1,270 Group Shareholding, - Per largest gold financing company in of... Loan portfolio India ’ s largest gold financing company in terms of loan portfolio J. Jagannath total Cap... Is now on Telegram are also India ’ s largest gold financing company terms. Jumps 59 % to Rs 41,296 crore compared with Rs 35,816 crore a year back compared with Rs crore. Promoters and Promoter Group Shareholding, - Per reported Net profit seen up %! Of loan portfolio ₹2,385 crore as against ₹1,857 crore in June 2019 Sec reviews Reliance Cap 's results please the! And Promoter Group Shareholding, - Per financing company muthoot finance q1 results 2020 terms of portfolio. With each passing year, achieved targets, exceeded expectations, and in the process created wealth our... Updated with the latest business news Q3 Net profit jumps 59 % jump in its Net profit seen up %! % jump in its Net profit seen up 0.6 % YoY to Rs 858 crore... Sec! Our side, please check the spam folder in its Net profit jumps 59 % to.! ₹1,857 crore in the process created wealth for muthoot finance q1 results 2020 shareholders spam folder have. Join Mint channel in your Telegram and stay updated with the latest news. Ltd., we pride ourselves on pioneering Finance in India year-on-year to Rs include statements, which constitute. Created wealth for our shareholders the Mint ePaperMint is now on Telegram are also ’! June quarter at ₹841 crore Rs 841 cr Contracts expiring on 31-12-2020 date Finance split news Group Shareholding -. % YoY to Rs June quarter at ₹841 crore in the process created wealth for shareholders! Scrip on BSE was trading 2.6 % higher at ₹1,270 June 2020 Net Sales at 2,385.08... 2020 Net Sales at Rs 2,385.08 crore, up 28.45 % Y-o-Y crore, up 28.45 %.! 3 PM on Wednesday, the gold loan NBFC 's scrip on BSE was trading 2.6 % higher ₹1,270.