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Muthoot Finance Shares Rise 3% on Strong Q3 Profit Beat
Muthoot Finance shares gained 3% in pre-open trade on February 13, 2025, after the company reported a stellar 33% year-on-year rise in standalone net profit to ₹1,363 crore for Q3 FY25, surpassing analyst expectations. Net interest income surged 43% to ₹2,721 crore, driven by robust gold loan demand during the festive season. Consolidated loan assets under management (AUM) rose 34% to ₹1.11 lakh crore. The board also approved fund-raising of ₹21,063 crore via non-convertible debentures, signaling continued growth momentum.
Sources: CNBC-TV18, Moneycontrol, Business Standard
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