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Muthoot Finance reports 11% fall in Q3 consolidated net profit

07 Feb 2023 Evaluate

Muthoot Finance has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported 12.36% fall in its net profit at Rs 901.65 crore for the quarter under review as compared to Rs 1028.86 crore for the same quarter in the previous year. Total income of the company decreased by 7.13% at Rs 2,667.10 crore for Q3FY23 as compared Rs 2871.76 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 10.51% in its net profit at Rs 933.93 crore for the quarter under review as compared to Rs 1043.64 crore for the same quarter in the previous year. Total income of the company decreased by 4.34% at Rs 3030.47 crore for Q3FY23 as compared Rs 3168.09 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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