Source: Times of India

Gold loan NBFC Muthoot Finance shares surged nearly 10 per cent on Thursday after the company posted a 65 per cent year-on-year jump in consolidated profit after tax (PAT) for the June quarter.

The stock climbed 9.83 per cent to close at Rs 2,757.55 on the BSE, after touching an intra-day high of Rs 2,799 — its 52-week peak — with gains of 11.48 per cent, PTI reported.

On the NSE, it ended 9.86 per cent higher at Rs 2,757.40, having hit Rs 2,800 during the session.

Muthoot Finance on Wednesday reported a consolidated PAT of Rs 1,974 crore for April-June 2025-26, compared with Rs 1,196 crore in the same quarter last year. Total income rose 44 per cent to Rs 6,485 crore from Rs 4,492 crore in the year-ago period, according to a regulatory filing.

The company’s loan assets under management (AUM) grew 37 per cent year-on-year to Rs 1,33,938 crore in Q1 FY26, up from Rs 98,048 crore last year.