Kochi: Muthoot MCred Q1 FY27 performance showed strong growth across profitability, assets under management (AUM) and total income, with Muthoot MCred Limited, formerly known as Muthoottu Mini Financiers Limited, reporting a 232.73% year-on-year increase in Profit After Tax (PAT) to ₹100.29 crore for the quarter ended June 30, 2026.
During Muthoot MCred Q1 FY27, the company’s AUM increased 58.53% year-on-year to ₹7,098.38 crore. Total income stood at ₹399.64 crore, registering a 76.38% year-on-year growth.
The company maintained asset quality and operational discipline during Muthoot MCred Q1 FY27, with Gross NPA at 0.59% and Net NPA at 0.24% as of June 30, 2026.
Return on Assets (ROA) also improved significantly during Muthoot MCred Q1 FY27, rising to 5.17% compared with 2.84% as of March 31, 2026.
The company said the improvement reflected stronger profitability and asset utilisation. The ROA achieved during the quarter positions Muthoot MCred among the leading performers in the industry.
Muthoot MCred Q1 FY27 Branch Network Expansion
The company expanded its branch network by 3.76% year-on-year during Muthoot MCred Q1 FY27, increasing the number of branches from 958 in Q1 FY26 to 994 in Q1 FY27.
Muthoot MCred Limited plans to further expand its network across diverse regions and markets.
The company said its focus will remain on strengthening its presence in key growth markets, reaching new customer segments and enhancing accessibility to its financial services.
Alongside the branch network expansion, the company remains focused on driving both horizontal and vertical growth by increasing its branch footprint while enhancing business growth and productivity at existing branches.
Commenting on Muthoot MCred Q1 FY27, Mathew Muthoottu, Managing Director, Muthoot MCred Limited, said, “Q1 FY27 has started on a positive note for Muthoot MCred, with continued growth across profitability, AUM, and our operating footprint.
The performance reflects the strength of our business model, disciplined portfolio management, and the trust we have built with our customers.
As we move ahead, we remain focused on sustainable growth, responsible lending, and strengthening our institutional capabilities to create long-term value for all our stakeholders.”
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P. E. Mathai, Chief Executive Officer, Muthoot MCred Limited, added, “Our Q1 performance demonstrates the strength of our execution and our continued focus on operational efficiency and asset quality.
We are seeing healthy momentum across our secured lending portfolio, supported by our expanding branch network and technology-led processes.
Going forward, we will continue to focus on enhancing customer experience, maintaining prudent risk management practices, and building a stronger and more scalable business.”
Overall, Muthoot MCred Q1 FY27 recorded growth in PAT, AUM and total income while maintaining Gross NPA at 0.59% and Net NPA at 0.24% as of June 30, 2026.
The company also continued to expand its branch network and focus on sustainable growth, responsible lending, operational efficiency and asset quality.
