Muthoot Microfin clocks ₹203 crore profit for FY23

Muthoot Microfin Limited, one of the leading microfinance companies, has reported a 155 per cent rise in profit to ₹203.31 crore for the financial year ended March 31. The company had posted a profit of ₹79.7 crore in the previous financial year.

Muthoot Microfin has an asset under management of ₹9,209 crore as of March 31. The AUM has grown over 46 per cent year-on-year from ₹6,300 crore in the previous financial year.