Finance company Muthoot Microfin announced Q3FY25 results Total income increased by 17.7% YoY from Rs 579 crore to Rs 681 crore. Net interest income (NII) increased by 23.1% YoY from Rs 341 crore to Rs 420 crore. Pre-provision operating profit (PPOP) increased by 39.6% YoY from Rs 181 crore to Rs 252 crore. Profit After Tax (PAT) for the quarter declined from Rs 125 crore to Rs 4 crore. The GNPA of the Company is at 3.03% as against GNPA of 2.29% a year ago, NNPA (Net of Stage III provision)* stood at 1.27% as against 0.87% last year Robust liquidity of Rs 788 crore of unencumbered cash and cash equivalents, alongside unutilized sanctions totalling Rs 715 crore and pending DA/PTC sanctions of 1,267 crore Healthy capital position with a CRAR of 30.5%. 25% of our collections are via digital channels such as UPI/Customer App, while 100% disbursements are entirely executed digitally Total income grew by 17.7% YoY, from Rs 579 crore to Rs 681 crore. AUM increased by 8.3% YoY, from Rs 11,458 crore in Q3FY24 to Rs 12,405 crore in Q3FY25. NIM rose by 78 bps, from 12.5% in Q3FY24 to 13.3% in Q3FY25. PPOP increased by 39.6% YoY, from Rs 181 crore in Q3FY24 to Rs252 crore in Q3FY25. CoF decreased by 14 bps YoY, from 11.21% in Q3FY24 to 11.07% in Q3FY25. Thomas Muthoot, Chairman & Non-Executive Director of Muthoot Microfin, said: The first nine months of FY25 presented challenges due to various macroeconomic and industry-related factors that affected the Indian financial sector. Despite this environment, we remained committed to managing our portfolio with utmost caution, striking a balance between operational efficiency and strong asset quality. Our Assets Under Management remained flat QoQ at Rs 12,405 crore, declining marginally by 0.9% QoQ driven by calibrated disbursements. GNPA for this period stood at 3.03%, a marginal uptick (+33bps QoQ) despite the elevated industry stress. Our disciplined underwriting policies supported by a data-driven scorecard and a robust collection team, have enabled us to minimize the impact of industry challenges. We would continue to maintain a balanced approach to business, with focus on asset quality, and improving profitability. On the leadership front, we are delighted to welcome Mr. Thomas Muthoot John, a member of the fourth generation of the Muthoot Pappachan Group (MPG), to the Board of Muthoot Microfin as an Executive Director. His fresh perspective, innovative ideas, and dynamic energy will play a pivotal role in driving the next phase of growth, innovation, and expansion. Together, we are committed to strengthening MPG’s legacy and further solidifying our position as a leader in the microfinance industry.” Result PDF