Muthoot Finance Limited Q1FY23; 16% fall in Profits

Revenue for Q1 FY23 has decreased by 5% YoY to ₹ 28,043 millions. Profits have fallen by 16% YoY to ₹ 8,250 millions.

In this quarter’s results, it was visible that the revenue fall coupled with increase in employee benefit expenses as well as Other Expenses resulted in a 16% fall in profitability.

To further compare this quarter’s results to the past, check out this link.