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Muthoot Finance Q1 net up twofold to Rs 190 cr

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Press Trust of India Mumbai

Muthoot Finance, a gold finance NBFC, today reported a two-fold jump in net profit at Rs 190 crore for the first quarter ended on June 30.

The company had posted a net profit Rs 84.8 crore in the corresponding quarter last fiscal, Muthoot Finance said in a filing to the Bombay Stock Exchange.

Total income of the company rose by 140.5% to Rs 920 crore from Rs 380 crore year-on-year.

 

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First Published: Jul 27 2011 | 9:07 PM IST

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