Muthoot Finance has reported results for second quarter ended September 30, 2013.
The company has reported a fall of 21.28% in its net profit at Rs 210.99 crore for the quarter ended September 30, 2013 as compared to Rs 268.02 crore for the same quarter in the previous year. Total income of the company decreased marginally by 1.12% at Rs 1301.81 crore for quarter under review as compared to Rs 1316.55 crore for the quarter ended September 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.
