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Muthoot Capital Posts 110% Increase In Net Profit

Good number keeps pouring for Muthoot Capital Services Ltd where it has been reported to gain about 110 per cent in its net profit at Rs 4.93 crore. The net profit that they had in the corresponding period last year was only Rs 2.35 crore. This just shows that the company is really doing well this fiscal.

Muthoot Group Logo

Muthoot Group

Another substantial increase that was recorded is the revenue of the company which rose from Rs 12.23 last year to Rs 22.17 crore for the current year. This is about 81 per cent increase in the record. Most of the good numbers that the company is getting right now is due to the management of the company.

People who are in-charge in important decision making in the company are really doing great which reflects now on the performance of their company. In addition, the total loan portfolio of the company also increased to Rs 329.23 crore compared to Rs 199.33 last year. This records about 65 per cent gain.

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