Muthoot Microfin Q2 FY27 PAT Crosses ₹100 Cr, Up 3.6x YoY

Muthoot Microfin Limited announced its unaudited financial results for Q2 FY27, reporting the highest-ever quarterly disbursements of ₹2,900 crore, a 27.5% YoY increase. The Gross Loan Portfolio (GLP) grew 22% YoY to ₹15,323 crore. The company strengthened its portfolio mix, with the non-JLG segment expanding to 31% of GLP. Digital collections rose to 46.7% of total collections, and collection efficiency improved to 98.1%. Net Interest Margin (NIM) improved by 50 bps QoQ to 12.5%, and the average cost of borrowing declined to 9.93%, reaching single digits for the first time. Profit After Tax (PAT) surged 262.9% YoY to ₹110.8 crore. Asset quality saw improvement with GNPA at 3.38% and NNPA at 1.05%. Credit cost remained within guidance at 2.6%. The company also saw its outlook revised to 'Positive' by CareEdge Global.