Mufin Green Finance reports 41% jump in Q1 profit, raises ₹27 crore via debentures 

Mufin Green Finance Limited reported a standalone net profit of ₹410.55 lakh for the quarter ended June 30, 2025, marking a 41 per cent increase from ₹262.08 lakh in the same period last year. The company’s total income rose to ₹4,813.69 lakh from ₹3,738.41 lakh year-on-year.

Interest income, the company’s primary revenue source, grew to ₹4,722.77 lakh in Q1 FY26 from ₹3,661.41 lakh in Q1 FY25. Finance costs increased proportionally to ₹2,529.97 lakh from ₹2,029.66 lakh, reflecting the company’s expanded lending operations.

On a consolidated basis, the group recorded a net profit of ₹318.46 lakh compared to ₹438.17 lakh in the previous year, impacted by subsidiary losses. The consolidated revenue from operations reached ₹4,892.66 lakh, up from ₹3,697.87 lakh.

Acuité Ratings upgraded the company’s credit rating from ACUITE BBB+ (STABLE) to ACUITE A- (STABLE) during the quarter. Post-quarter end, Mufin Green raised ₹27.2 crore through three tranches of secured non-convertible debentures in July 2025.

The company also converted share warrants into 94.65 lakh equity shares at ₹55 per share during June 2025, raising additional capital. Earnings per share stood at ₹0.25 for the standalone entity.

The shares of Mufin Green Finance Limited ended flat today on the NSE at ₹92.88.

Published on August 14, 2025