27 May 2019 | 12:25 AM

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COMPANYNEWS
Muthoot Capital Q4 net profit down 14.73% at Rs 18.35 cr
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Published on 04-24-2019
The company reported standalone net profit of Rs 18.35 crore for the quarter ended March 31 2019 as compared to Rs 21.52 crore in the same period last year registering a year-on-year decline of 14.73 per cent.


Net revenue of the company rose moderately by 14.99 per cent at Rs 136.44 crore in January-March quarter of this fiscal as against Rs 118.65 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 19.44 per cent to Rs 63.53 crore from Rs 53.19 crore in year ago period.


Other Income grew by 100.00 per cent at Rs 0.22 crore versus (Mar`18 Rs 0.11 crore).


Operating Profit surged by 11.38 per cent to Rs 72.91 crore as against Rs 65.46 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 3.14 per cent in March quarter.


Interest grew by 38.24 per cent y-o-y to Rs 44.68 crore while Taxation decreased by 13.54 per cent at Rs 9.83 crore (Mar`18 Rs 11.37 crore).