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Muthoot Microfin Ltd Q3FY24; 2400% rise in Profits

Founded in April 1992, Muthoot Microfin Limited, a subsidiary of Muthoot Pappachan Group, provides micro-loans to female customers with a focus on rural regions in India

Financial Results:

Muthoot Microfin Ltd reported Revenues for Q3FY24 of ₹581.00 Crores up from ₹334.00 Crore year on year, a rise of 73.95%.

Total Expenses for Q3FY24 of ₹455.00 Crores up from ₹334.00 Crores year on year, a rise of 36.23%.

Consolidated Net Profit of ₹125.00 Crores up 2400.0% from ₹5.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.31, up 1,774.36% from ₹0.39 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.

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