Its credit score value for the quarter was seen at 3.3%, nicely under the steering of 4-6% for the fiscal. Provisions in absolute phrases had been at Rs 106 crore as in opposition to Rs 164 crore within the 12 months in the past quarter, consistent with a fall in gross non-performing property ratio to 4.4% on the finish of December from 4.6% three months prior.
Pre-provisioning working profit nevertheless stood decrease at Rs 175 crore as in contrast with Rs 252 crore.
The lender’s internet curiosity margin for the quarter stood at 12%, up 11 foundation factors from the previous quarter. Its gross mortgage portfolio grew 5.4% year-on-year to Rs 13,079 crore.
“The microfinance sector has emerged from a difficult section with trade regularly returning to a sustainable development path,” chairman Thomas Muthoot stated.
GIC Housing Finance reported Rs 44 crore internet profit for the third quarter of the fiscal, reflecting a 12% drop from the year-ago interval’s Rs 50 crore. The lender’s complete bills stood increased at Rs 218 crore in opposition to Rs 214 crore whereas complete revenue was increased at Rs 273 crore in opposition to Rs 270 crore. Its gross non-performing property ratio rose to 4.24% on the finish of December 2025 from 3.47% a 12 months prior. The lender’s internet profit margin declined to 16% from 18.4% a 12 months again.
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