Muthoot Finance has reported results for third quarter ended December 31, 2018.
The company has reported a marginal rise of 1.37% in its net profit at Rs 485.25 crore for the quarter under review as compared to Rs 478.67 crore for the same quarter in the previous year. Total income of the company increased by 7.90% at Rs 1,717.11 crore for Q3FY19 as compared Rs 1,591.42 crore for the corresponding quarter previous year.
Muthoot Finance is a non-banking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.