Muthoot Fincorp standalone net profit rises 68.99% in the March 2024 quarter

Sales rise 26.44% to Rs 1196.06 crore

Net profit of Muthoot Fincorp rose 68.99% to Rs 239.79 crore in the quarter ended March 2024 as against Rs 141.90 crore during the previous quarter ended March 2023. Sales rose 26.44% to Rs 1196.06 crore in the quarter ended March 2024 as against Rs 945.92 crore during the previous quarter ended March 2023.

For the full year,net profit rose 22.40% to Rs 562.81 crore in the year ended March 2024 as against Rs 459.81 crore during the previous year ended March 2023. Sales rose 15.60% to Rs 4010.95 crore in the year ended March 2024 as against Rs 3469.83 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1196.06945.92 26 4010.953469.83 16 OPM %75.6469.49 -69.5767.94 - PBDT407.40246.81 65 990.39807.42 23 PBT345.18191.54 80 786.81622.44 26 NP239.79141.90 69 562.81459.81 22

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