Muthoot Finance Slumps 11% After Q1 Earnings Miss

Muthoot Finance shares plunged up to 11% after its June quarter results disappointed investors. Consolidated PAT fell 16% sequentially to ₹2,799 crore, while revenue declined 7% QoQ to ₹8,672 crore. Weak earnings and a brokerage downgrade to 'Hold' weighed heavily on investor sentiment. $MUTHOOTFIN