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Muthoot Finance profit up 17% on higher loan sales
The New Indian Express
|May 31, 2024
RECORD gold prices leading to higher loan sales and the good show by its subsidiaries boosted the consolidated earnings of largest pureplay gold loan player Muthoot Finance, booking a 17% growth in net income at 1,182 crore for the March quarter over 1,009 crore in the year ago period.
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For the full-year, the Kochibased company posted a 22% rise in net profit at ₹4,468 crore, which it said it life time high earning. Total income rose 19% to 3,418 crore for Q4FY24.
Cette histoire est tirée de l'édition May 31, 2024 de The New Indian Express.
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