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Muthoot Finance Ltd Q1FY24; 22% rise in Profits

Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India

Financial Results:

Muthoot Finance Ltd reported Revenues for Q1FY24 of ₹2,999.00 Crores up from ₹2,504.00 Crore year on year, a rise of 19.77%.

Total Expenses for Q1FY24 of ₹1,712.00 Crores up from ₹1,428.00 Crores year on year, a rise of 19.89%.

Consolidated Net Profit of ₹975.00 Crores up 21.57% from ₹802.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹24.29, up 21.57% from ₹19.98 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: NBFC
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