Muthoot Finance has reported results for first quarter ended June 30, 2012.
The company has registered a growth of 29.23% in its net profit at Rs 246.11 crore for the quarter under review as compared to Rs 190.45 crore for the same quarter in the previous year. The total income of the company has increased by 40.68% at Rs 1293.78 crore for Q1FY13 as compared Rs 919.67 crore for the corresponding quarter previous year.
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.