Muthoot Finance on Thursday reported over 26 per cent jump in net profit at Rs 1,251.1 crore in the second quarter ended September 2024.
The company had a net profit of Rs 991 crore in the second quarter of 2023-24 fiscal.
Muthoot Finance's total revenue from operation rose to Rs 4,117.4 crore during the latest July-September quarter from Rs 3,059.67 crore in the corresponding period a year ago.
In a regulatory filing, Muthoot Finance said its board has approved additional equity infusion of Rs 500 crore in its wholly-owned subsidiary, Muthoot Money Ltd.
Muthoot Finance Share
The shares of the Kerala-based company closed in green on Thursday, November 14.
The shares of the Non-Banking Finance Corporation closed with major gains of 1.11 per cent or Rs 19.70. The company shares closed for the day's trade at Rs 1,790.00.
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