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Muthoot Vehicle & Asset Finance standalone net profit declines 18.84% in the December 2023 quarter

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Sales rise 16.90% to Rs 12.66 crore

Net profit of Muthoot Vehicle & Asset Finance declined 18.84% to Rs 2.37 crore in the quarter ended December 2023 as against Rs 2.92 crore during the previous quarter ended December 2022. Sales rose 16.90% to Rs 12.66 crore in the quarter ended December 2023 as against Rs 10.83 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales12.6610.83 17 OPM %43.0547.18 -PBDT3.372.90 16 PBT3.202.68 19 NP2.372.92 -19

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First Published: Feb 20 2024 | 12:06 PM IST

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