# Muthoot MCred Q1 Profits Skyrocket 232%

URL: https://technosports.co.in/muthoot-mcred-q1-profits-skyrocket-232/  
Published: 2026-08-14  
Updated: 2026-08-14  
Author: Reetam Bodhak

Muthoot MCred is crushing Q1 FY27! The gold loan giant reported a massive 232.73% surge in profit, hitting ₹100.29 crore. Assets under management leaped 58.53% to ₹7,098.38 crore, fueled by a strategic 994-branch network expansion. With ultra-low NPAs and a robust 5.17% ROA, the firm is setting a new industry standard. The future of secured lending looks incredibly bright and hyper-profitable.