Muthoot net up 124% at Rs 190 crore

KOCHI: Muthoot Finance Ltd registered a growth of 123 per cent in its net profit to `190 crore for the quarter ended June 30 ,2011 as compared to `85 crore of the previous fiscal. Total
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KOCHI: Muthoot Finance Ltd registered a growth of 123 per cent in its net profit to `190 crore for the quarter ended June 30 ,2011 as compared to `85 crore of the previous fiscal.

Total income for the quarter stood at `920 crore, as compared to `382 crore in last fiscal , a growth of 141 per cent.

Retail Loan Assets Under Management increased by `2,080 crore to `17,949 crore.

The total Income grew by 141 per cent to `920 crore. The profit after tax for first quarter was at `190 crore as against `85 crore last year, an increase of 124 per cent. Earnings per share is `5.39 against `2.71 last year, with an increase of 198.89 per cent.

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