Muthoot Finance has reported results for first quarter ended June 30, 2014.
The company’s net profit for the quarter has declined 7.07% at Rs 180.18 crore as compared to Rs 193.89 crore for the quarter ended June 30, 2013. Its total income has decreased by 15.07% to Rs 1092.02 crore for the quarter under review from Rs 1285.80 crore for the corresponding quarter of the previous year
Muthoot Finance is the largest gold financing company in India in terms of loan portfolio. The company is a Systemically Important Non-deposit taking NBFC headquartered in the southern Indian state of Kerala and with its corporate office in New Delhi.