Muthoot Finance is eyeing a 10 per cent business growth in current fiscal. The company expects that by the end of the last quarter of this fiscal, it should be able to stage the comeback as one of the main reasons for decline in interest income was due to the low-interest scheme which is disbanded now.
The non-banking finance company (NBFC) posted a decline of 10 per cent in its net profit from a year ago period at Rs 901.60 crore in quarter ended September 2022.
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.
Company Name | CMP |
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Bajaj Finance | 7340.75 |
Shriram Finance | 2732.05 |
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L&T Finance | 181.85 |
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