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Muthoot Finance reports 64% jump in Q3 consolidated net profit

17 Feb 2020 Evaluate

Muthoot Finance has reported results for third quarter ended December 31, 2019.

The company has reported a rise of 65.57% in its net profit at Rs 803.41 crore for the quarter under review as compared to Rs 485.25 crore for the same quarter in the previous year. Total income of the company increased by 34.71% at Rs 2313.16 crore for Q3FY20 as compared Rs 1717.11 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 63.66% in its net profit for the period attributable to owners of the parent at Rs 841.09 crore for the quarter under review as compared to Rs 513.92 crore for the same quarter in the previous year. Total income of the company increased by 35.78% at Rs 2587.40 crore for Q3FY20 as compared Rs 1905.64 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Finance 1040.00
Shriram Finance 1007.00
Aditya Birla Capital 402.00
Tata Capital 350.05
Chola Invest & Fin. 1770.45
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