Muthoot Finance has reported results for third quarter ended December 31, 2013.
The company has reported a fall of 28.07% in its net profit at Rs 194.25 crore for the quarter as compared to Rs 270.07 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 12.01% at Rs 1195.93 crore for quarter under review, as compared to Rs 1359.18 crore for the quarter ended December 31, 2012.
Muthoot Finance is a non-deposit taking systemically important non-banking finance company (NBFC). It is primarily in the business of lending against used household gold jewellery to individuals.
The company has reported a fall of 28.07% in its net profit at Rs 194.25 crore for the quarter as compared to Rs 270.07 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 12.01% at Rs 1195.93 crore for quarter under review, as compared to Rs 1359.18 crore for the quarter ended December 31, 2012.
Muthoot Finance is a non-deposit taking systemically important non-banking finance company (NBFC). It is primarily in the business of lending against used household gold jewellery to individuals.
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