Scrip Code: 533398

Symbol: MUTHOOTFIN

Ref: SEC/MFL/SE/2019/3067 February 06, 2019

National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra- Kurla Complex Bandra (E), Mumbai - 400 051

BSE Limited Department of Corporate Services P. J. Tower, Dalal Street, Mumbai 400 001

Dear Sir/Madam,

Re: Unaudited Financial Results for the quarter ended December 31, 2018

The Board of Directors of the Company at their meeting held on February 06, 2019 have approved the unaudited financial results for the quarter ended December 31, 2018. We herewith enclose the unaudited financial results along with the Limited Review Report for the quarter ended December 31, 2018 as required under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI – LODR’).

The results would be published in one English and one Vernacular newspaper as required under Regulation 47 of SEBI – LODR.

Request you to kindly take on record the information and disseminate the same to the

investors through the website.

Thanking You, For Muthoot Finance Limited

Maxin James Company Secretary

MUTI'OOT FINANCE LIMITEDRe8ister€d and Corporite Offic€: 2nd Floor, Murhoot Chambers,

Opposite S.ri$. The.tre Comple! Banerii Ro.d, Ko(hi - 662 mt Indi:.CIN : t 659l0KL19ypLCm13m

Pl. No. : 0184 2395t , F.r No. : 0t84 23%S{b, W€bsir€ : },ww-murhootfinrnc€.com,fmril : meils@muthootgoup.com

sfatement of un.udited standalone Financid Results for rhe eu.rter and nine months endpd Dec€mber 31,2mERs. m Lakns

P.ttldJ&[rLrad.d Nlaa Dad. ardad

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Rd.nu. ftDn op6.iios

{ii) Dlederd mohe(rn) Net g.in/ooss) on fair vrlue ch.nges

(v) ofte6Toarl R.vcnu. ftDm op.lrtions

To..l In.oh. {l + D

(ij) lmpar.ne on fina.oat inslnrmenrs(iu) Elnploye tEmtits erp€nsG

{i!) Depre(iatiorr aho.tr"jtion and impanmenr

Totil Erp.ns.6 (Iv)

Plotii befon tr: (III- IlJ

(l) Cunenr 14\(2) Defened rax(3) Taxes r.hbn8 to pho. years

OD

0II)

(n')

m

(vr)

Nn) PE ir for the p.riod (v-vD

Oth.t Compnhensiv. Incom.(t) Itehsthat wrllnor tE rerh$fEd to p.ofrror toss(,i) In onerar rtati.g to itens rhatwiu nor bere(lasihed ro profit or loso.n.r .oDpnh.nsiv€ in on./ (to$) (ner ot t.r)

Tor.l (oDprih.n6ie. incon. fo, rhe p.riod Ort+v[)

F.mints per equity sh.ri (nor .nnrrlis.d)(Fe value of Rs r0 edchJBasr (Rs )

Dluted (Rs )

(vuD

0x)

(x)

1,68,272.30

1,&5111,191El

542.40

1,n,5Ct.62

1,63,157.41

{28.60)1,270.34

5,6t 99

1,55,520.61

2t_70

466.76

615.n

4,92,512.70

2.034 01

3,549_&

1,753 m

4,4,6,E?1 .a7

2m.97

902.24

2.@3.61

1,E93 64\4,!x3.14 158,02a.98 .t,99J{9.35 4,67,911.33

59.42 ra,K 1,177 27 172.A1 1,147.63

7,n,inr.u 1,65,m1.5E t59,1t2.8 5,m.0221E +53,(51.X

58,6a6.09

190.69

19,m3.21

t,1m E3

r3,4!X.m

53,535.Or

253.63

20855 Z1,m2 42

14,836.16

47,247.t6

5,045.94

1E,889.51

1,r49.55

12,4 .

t,6?,579.44

7@.59

62,346.26

3,0t41643,t11.97

t,47,n6.07r6,000.68

56919.50

3250.05

34,562.22

%A7A.rl 90,4E2.93 u,a?3.2 2,n,761 .42 | Z6{.5l{.s2

n232.13 ?452t.6 7r3r|A3 22t260.?6 z0ll523'a1

27,?A5.A5

183.26

2,Laa.g7

26,276.93

031.65)

25,7 .46

n0.68n,$1.n

1673.26)

2,2\.97

n,612.771,983.59

|l52t.95 16.3Et.37 a?1f6a9 r,45,064.1E 726.927,OA

1122.121

4l.to

(403.89)

t39.78

161.37

/62.n)

(367.26)

12E.34

4n.14

(16s.13)

(78.E2)

4E,{46.',13

12.12'1212

t264.11) I16.60 (rT.92) 312.01

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1r6J19:5

n.98lt.95

17,9{i5.49

36.50

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1,45,825.25

3t 77

3t.55

r27239.09

MUTH(X)T FINANCE LIMITf, IIR.gi!tc..d rnd Corpor.t OfEc.! 2rd Floor. MuthooJ Chrmbcn,

Opporit Ssrithr Thcstrc CoEplcr. Brn.rji Ro.d, Kochi . 682 olt, Indi..CIN : L659loKLl997Pt Cot 1300

Ph. No. : (Xti 239647t, FrI No. | 04t4 2396506, W.btitc : www.muthootfin.rcc.com.EEall : mailsadmuthooterouo.com

Not !lL The above finercial results have bc€n rcvicwed by $c Audit Committe€ and approved by the Bo.rd

of Directors ofthe Company at their resp€ctive mcctings held on February 5, 2019 and F€bru6y 6,20t9.

2. The Compony ha.s adopted lndian Accounting Stsndards ('lnd AS').s notified under Section 133

of the Companies Act 2013 ('thc Act') rcad with thc Corbpanies (lndiarr AccountinS Stadards)Rules 2015 from Ap.il l, 201E. Thc financial results together with the results for rhc comparativereponing period of the Compely have been prepared in accordancc with the recognition andmeisuernent principles .s laid down in Ind AS 34 . Inrerim Financial Reporting. The effeclive daleof transition to lnd AS is April l,2017 and the srmc has b€en caried out from the crstwhileAccounting Standards notified undd thc Act r€ad wift relevant rules of Cornpanics (Ac.outrts)Rulcs 2014, guidclines issucd by d|c Resdvc Bsnk of India ('RBl') and othcr gcnerally rccpteda..ounting prirciples in lndia (collectiv.ly rcfened to as .rhe previous GAAP).

The impact of above tEnsition has becn rccorded in thc openirg rcs€rvcs as at AFil l, 2017 andthe concsponding ligures pertaining to cornpdltivc previous period 8s preserfed in thes€ fuarcialresults havc been rcststcd / rcclassificd in order to confom lo current period prcs€dtation. provisioncreated on loatr assds in cslier periods towards non-pcrforming assets and staDdards assets whichis in exc€ss ofthe &nount curaefltly dctcrmined on eplicstion ofexpcctod credit loss melhod aspcr lad AS 109 ('Filanci8l Instuments') has been retaincd in thc books ofaccounts5 as a maltcr ofprudarc€ altd caflied under 'Provisions' in Balarce Sbeet.

These financial results may requirc llflher odjustments, if any, n€c€ssitated by guidclines/clarificationv directions issued in ihe future by RBl, MinisEy of Corporate Allairs or otherregulators, which will be implcmcntad as and when the ssrne are issued/ made applicable.

The finurcial statemcDts have bccn prescnted in accordancc with formar prescribed for NonBmkin8 Finerc€ Compories under thc Cornpadcs (tndian Accounting StddEds) Rules, 2015 inDivision III of Schedule III ss pcr Notification No c.S.R. | 022(E) dsred I L 10.2018, issued byMhistry of Corporate AJIairs, Covcmmeflt oflrdia_

3. The company has opted to avail lhe relaxations provided by the Securitics and Exchange Board ofIndia (SEBI) vide Circular Nor CIR./CFD/ FACt62/ 2016 dfied July 5,2016 as available to listedentities for submission oflnd AS complianl financial results for the prcvious year ended March 31,20lE and hence has provided Ind AS qompliant financid results only for the provious quarter andnine months ended Decamber 31, 201? aloog wilh the financial results for the quarte.s endedDece*nber 31, 2018 and September 30, 2018. Funh6, th€ lnd AS c.mpliant finallcial results for thequarter and period ended Dec€mbcr 31, 2017 have not been subjccted ro Limited Review by theStatutory Auditon. Howcver, the maltagement has excrcised nccessary due diligence to ensurc thatsuch Iinanciel results providc a fair view of its affairs.

4. Reconciliation ofNet Profit reported under previous GAAP and Ind AS for the quarler and nlnemonthsendedDeccmb€r3l,20l7(asperrequiremefllsofpam32oflndASl0ttisasunder:

QuarLr and.dDacarnb.r 31,

2017

Ninc monliicndcd

Dcccmb.r 31,2017

Nct Proft rftar a.r undcr Prrvinur CAAPAdjustnents increasing / ldecreasingy net pro6t aff- tax as@iJln the Drevious GAAP:

Irnpaat on application of Exp€cted Credit Loss mdhod for loan lossprovisions and rclated adjushnents as per lnd AS I 09

Amortisatio[ ofnct income uDder Effective Interest Rare me6od forfinancial assets

Amortisation ofexpoEes under Effeclive Interest Rate metbod fo,financial liabilities

Net gain on fair valuation ofbvestnents

Reversal of derivative liability recognised on transthonReclossification of Actuarial Gair/Loss to Other ComprehensiveIncome

Fair Valuarion of Employ€e Stock Options

Tax adjusttnents on above items

3,2A9.67

(186.49)

(361.84)

(32.43)

(181.37)

(230.6s)

(7s4.89)

{s33.s2)

(512.03)

1252.45

(0.0s)

590.62

1477.r41

(2se.99)

(20.7s)

Nat Profit rftar tat rs undar Ind ASOthcr Comp.ehensive Income/ Lss (Net of ta\)

3 t2.01Tot l Comprch.nliv. InconqitarE4ir rtportcd ;d;G;AS t21,239.09

5. The Companj has opted to publish only StandrloDe financial tesults, pursuant to optron avarlableas per Regulation 33 ofthe SEBI (Listing ObliS.tions arld Dsclosure Requirernents) Regulations2015.

E,

6.

1.

The company is cngaged primarily in the business of financing and accordingly lhsr' arc noseparatc reportable segments as pe, Ind AS lO8 de€ling with Operaring S"g'n*L.

During the quartcr ended Deccmber 31, 2018, the company has allotted 37r,5ro shares under the'Muthoot ESOP 2013 Scheme .. The compely has not granted any options during the quarter.

Tbe Company has maintaiDed requisite full assct cover by way ofmortgage of immovable propertyand paripassu floating chargc on curenl assets, book dcbts and loans i iar-"", J,t

" ao_pan,on its Secured Listed Non- Convenible Debentures aggregating t" n.. f:f,iOiS6 i"kbs

"s "tD€c€mber3l.20l8.

9. Duriry the qu{tcr cdd Dccqnb.|f 31, 2018, rhc compsny subscribcd to 4,52?,755 cquiry sh!rcrof R5 l0/- Gsch 8r r prmiu of Rs. 1,15.77 F d|,rc of its srbsididy, Bdsr lov€stdrctrt .trdFinece P.ivst. Limitad for r totNl considadion of Rr. ?,098.16 Lths talcing its shEcholdirg ro70.0to/n

During tftc quart€r cdd D.c.i ci 31,2018, rhc cort|pmy equne4 by rauiring 5,625 cquitygharcs of f8! voluc Rs 1,000/- oach sl . pricr ofRs.l7,685/- pcr shrra aggregrting to Rs. 994.78

Il}ihs Aom ailriry sh8chold6s of Muttoot Moncy Priwto LiEitcd Sus mrking it r wllolyowncd suhidisry. lt also $bs..ibcd to 56,545 frcsh cquity sbaEs offscc v.luc ofRs. 1,000 ..ctrrt Rs. 17,685/- pcr shrrc aggregstirg to Rs. 9,999.98 td'hs.

10.

KochiFcbrudy 06, 2019

Muihoot

DIN- :000167t7

V';-,- Si V;,,,rzChartered Accountants

Lidited Review Report

The Board ofDirectors

Muthoot Finance Limited

l. we have reviewed the accompanying statement ofunaudited standarone financiar resurts ofMuthoot Finance Limited (,lhe Company,,) for the period ended 3l December 20lg (,.theStalement"). This statemenl has been prepared by the company pursuant to the requlrementsof Regulation 33 and Regulation j2 read with Regulation 63(2) of the SEBI (LisringObligations and Disclosure Requirements) Regulation, 2015, as modified by Circular NoCIR/CFD1FAC16212O!6 dated July j 2016. Attention is dmwn to rhe fact that the figures forthe corresponding quarter and nine months ended 3l December 2017 incruding thereconciliation ofprofit under lnd AS ofthe cofiesponding quarter with profit reported underprevious CAAP, as reported in these financial results have been approved by company,sBoard ofDirectors but have not been subjected to review.

3.

2. This statement is lhe responsibility of the Company,s Management and has been approvedby the Board ofDirectors/ Committee ofBoard of Directors. Our responsibility is to lssue areport on these financial stalements based on our review.

We conducted our review in accordance with the Standard on Review Engagements (SRE)2410, "Review of Interim Financiol Inlorhration pcdormed by the Independent Auditor ofthe Entity. " issued by the Institute ofChartered Accountants of India. This standard requiresthal we plan and perform the review to obrain moderate assumnce as to whether the financialstatements arc free of material misstatement. A review is limited primarity to inquiries ofcompany personnel and analltical procedures applied to financial data and thus provide lessassumnce than an audit. We have not performed an audit and accordingly, we do not exDressan audit oDinion.

/ ar"trz A '/ a?t rzChart6red Accountanls

4 Based on oua review conducted as above, nothing has come to our attention that causes us tobelieve that the accompanying statement of unaudited fina[cial results prepared inaccordance with applicable accounting standards, i.e. lnd AS prescribed unde. Section 133ofthe Companies Act, 2013 read witlchartered Accountanrs or India and :I"::"il,::::"ffi:il:::j:"J:::Inot disclosed the information required to be disclosed in terms of Reguianon 3l andRegulation 52 rcad with Reguration 63(2) of the sEBr (Listing obrigations and DiscrosureRequi.ements) Regulations, 2015 and SEBI Circular dated July 5 2016 including rne mannerin which it is to be disclosed, or that it conrams any material misstatement.

Place : Kochi

Date :06.02,2019

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