Muthoot Finance Limited Q3FY23; 11% Fall in Profits

Muthoot Finance Ltd.‘s revenue in Q3FY23 fell 4% to ₹ 30,305 millions. Consolidated Profit After Tax came at ₹ 9,339 millions showcasing a 11% fall on an YoY basis. In this quarter’s results, the reports suggested that the fall in profits are due to fall in total income and a rise in total expenses.