15-November-2025
Markets and Finance
 
Muthoot Finance board clears raising Rs 35K cr via NCDs
14-Nov-2025

Muthoot Finance on Thursday reported an 87% year-on-year jump in its standalone net profit for the second quarter at Rs 2,345 crore, driven by a strong growth in interest income following record gold loan disbursements. Standalone revenue from operations rose 56% year-on-year to Rs 6,432 crore, led by a 55% increase in interest income to Rs 6,304 crore. The board of directors has approved incremental fundraising of up to Rs 35,000 crore through issuance of non-convertible debentures (NCDs) via private placement in multiple tranches from time to time.

News Source:- https://www.financialexpress.com/business/industry-muthoot-finance-board-clears-raising-35k-cr-via-ncds-4042251/