Muthoot Capital Services has posted a 33 per cent rise in its net profit to Rs 1.73 crore in the third quarter of the current financial year against Rs 1.29 crore in the same quarter a year ago. Its profit before tax increased 33 per cent to Rs 2.61 crore from Rs 1.97 crore during the year-ago period. For the quarter ended December, the total income from operations increased 22 per cent to Rs 5.57 crore from Rs 4.57 crore last year.
At the same time, expenditure (other than the interest spend) rose 109 per cent to Rs 1.32 crore, from Rs 63.4 lakh a year back. Total expenses recorded a 14 per cent increase to Rs 2.95 crore compared to Rs 2.59 crore a year ago.
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