Mumbai, Aug. 14 -- On a consolidated basis, net profit climbed 65% year-on-year to Rs 1,974.2 crore in Q1 FY26 from Rs 1,195.7 crore in Q1 FY25.

Total income rose 44% YoY to Rs 6,485 crore in Q1 FY26 from Rs 4,492.4 crore a year ago.

Muthoot Finance earns the bulk of its revenue from interest income, which rose 45% YoY to Rs 6,288 crore. Other income also saw an 88% increase to Rs 34.9 crore.

Profit before tax stood at Rs 2,654 crore in Q1 FY26, up 61% from Rs 1,645.7 crore in Q1 FY25.

Total expenses increased 35% YoY to Rs 3,831 crore from Rs 2,846.7 crore, driven by higher finance costs, which jumped 48% to Rs 2,354.9 crore, and employee benefit expenses, which were up 35% at Rs 696.5 crore.

The group's consolidated gross loan asse...