Q1-FY27 · George M. Thomas
We don't give any profit guidance. What we generally give a guidance of AUM growth because profits are secondary for us. Loan growth is the primary factor. We believe that profits will follow.
Muthoot Finance · tone and specificity signals across the available quarters.
Language signals
We don't give any profit guidance. What we generally give a guidance of AUM growth because profits are secondary for us. Loan growth is the primary factor. We believe that profits will follow.
Last year should be considered as a windfall, one-time. So anyway we were able to cash in on that. We have the new strategies to grow the gold loan book. There is a determined effort to bring down the yield but AUMs will keep rising hereafter.
This is a trust business. So we should continue to get the trust of the customers. Then everything else is passing. Everything else is simple.