<p>New Delhi: Muthoot Microfin Ltd has reported a 95 per cent decline in net profit to Rs 6 crore for the first quarter ended June 2025, mainly due to a surge in bad loans.</p>.<p>In contrast, the non-banking financial company-micro finance institution (NBFC-MFI) had earned a profit of Rs 113 crore a year ago.</p>.<p>Its total income also declined to Rs 559 crore during the quarter from Rs 664 crore in the year-ago period.</p>.<p>The total expenses increased to Rs 553 crore against Rs 517 crore in the same quarter a year ago.</p>.Two arrested for attempting to rob Muthoot Finance in Karnataka.<p>The gross non-performing assets (NPAs) more than doubled to 4.85 per cent compared to 2.10 per cent a year ago, Muthoot Microfin said in a statement on Tuesday.</p>.<p>Similarly, its net NPA (net of Stage III provision) also jumped to 1.58 per cent from 0.71 per cent in the first quarter of the preceding fiscal. </p>
<p>New Delhi: Muthoot Microfin Ltd has reported a 95 per cent decline in net profit to Rs 6 crore for the first quarter ended June 2025, mainly due to a surge in bad loans.</p>.<p>In contrast, the non-banking financial company-micro finance institution (NBFC-MFI) had earned a profit of Rs 113 crore a year ago.</p>.<p>Its total income also declined to Rs 559 crore during the quarter from Rs 664 crore in the year-ago period.</p>.<p>The total expenses increased to Rs 553 crore against Rs 517 crore in the same quarter a year ago.</p>.Two arrested for attempting to rob Muthoot Finance in Karnataka.<p>The gross non-performing assets (NPAs) more than doubled to 4.85 per cent compared to 2.10 per cent a year ago, Muthoot Microfin said in a statement on Tuesday.</p>.<p>Similarly, its net NPA (net of Stage III provision) also jumped to 1.58 per cent from 0.71 per cent in the first quarter of the preceding fiscal. </p>