Muthoot Finance has reported results for second quarter ended September 30, 2012.
The company has registered a rise of 24.34% in its net profit at Rs 268.02 crore for the quarter ended September 30, 2012 as compared to Rs 215.55 crore for the same quarter in the previous year. Total income of the company has increased by 19.16% at Rs 1316.55 crore for quarter under review as compared to Rs 1104.87 crore for the quarter ended September 30, 2011.
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.