Muthoot Capital Services has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has posted a rise of 109.79% in its net profit at Rs 4.93 crore for the quarter ended June 30, 2012, as compared to Rs 2.35 crore for the same quarter in the previous year. Total income of the company has increased by 80.80% to Rs 22.04 crore for the quarter under review as compared to Rs 12.19 crore for the quarter ended June 30, 2011.
Muthoot Capital Services (MCSL), established in February 1994, is a Non Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) and is listed on the Bombay Stock Exchange.