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Muthoot Finance reports 21% rise in Q2 consolidated net profit

13 Nov 2023 Evaluate

Muthoot Finance has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 14.27% rise in its net profit at Rs 991.00 crore for the quarter under review as compared to Rs 867.21 crore for the same quarter in the previous year. Total income of the company increased by 22.77% at Rs 3,073.60 crore for Q2FY24 as compared to Rs 2,503.58 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 21.48% rise in its net profit at Rs 1,095.29  crore for Q2FY24 as compared to Rs 901.62 crore for the same quarter in the previous year. Total income of the company increased by 27.80% at Rs 3,631.95 crore for Q2FY24 as compared to Rs 2,841.86 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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