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Muthoot Capital Services reports 50% jump in Q2 net profit

01 Nov 2012 Evaluate

Muthoot Capital Services has reported results for second quarter ended September 30, 2012.

The company has reported 50% rise in its net profit at Rs 5.07 crore for the quarter ended September 30, 2012 as compared to Rs 3.38 crore for the same quarter in the previous year. Total income of the company has increased by 65.12% at Rs 24.24 crore for quarter under review as compared to Rs 14.68 crore for the quarter ended September 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.

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