Muthoot Capital net profit up 21.3% at Rs 5. 98 crore

Total income increased by 56.83% from Rs 22.17 crore for quarter ended June 30, 2012 (Q1FY13) to Rs 34.77 crore

Muthoot Capital Services Limited (MCSL) reported 21.30% growth in net profit at Rs 5. 98 crore in Q1 of the current FY as compared to Rs 4.93 crore in the corresponding period last year.

The total income of MCSL increased by 56.83% from Rs 22.17 crore for the quarter ended June 30, 2012(Q1FY13) to Rs 34.77 crore.

Total expenses increased from Rs 14.61 crore Q1FY13 to Rs 25.68 crore as of Q1FY14 recording an increase of 75.77% YoY. The profit before tax recorded a growth of 20.24% from Rs. 7.56 crore in Q1FY13 to Rs. 9.09 crore in Q1FY14.