Muthoot Finance has reported results for first quarter ended June 30, 2013.
The company has reported 21.22% fall in its net profit at Rs 193.89 crore for the quarter as compared to Rs 246.11 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 0.62% at Rs 1285.80 crore for quarter under review as compared to Rs 1293.78 crore for the quarter ended June 30, 2012.
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.