Muthoot Finance shines on reporting marginal rise in Q4 net profit

Muthoot Finance is currently trading at Rs. 573.00, up by 26.15 points or 4.78% from its previous closing of Rs. 546.85 on the BSE.

The scrip opened at Rs. 550.00 and has touched a high and low of Rs. 575.95 and Rs. 550.00 respectively. So far 80023 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 631.05 on 03-Apr-2019 and a 52 week low of Rs. 356.55 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 581.00 and Rs. 542.95 respectively. The current market cap of the company is Rs. 22789.62 crore.

The promoters holding in the company stood at 73.50%, while Institutions and Non-Institutions held 22.17% and 4.33% respectively.

Muthoot Finance has reported a marginal rise of 0.63% in its net profit at Rs 511.50 crore for the quarter ended March 31, 2019 as compared to Rs 508.29 crore for the same quarter in the previous year. Total income of the company increased by 10.45% at Rs 1,880.41 crore for quarter under review as compared to Rs 1,702.53 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 10.95% in its net profit at Rs 1,972.14 crore as compared to Rs 1,777.56 crore for the previous year. Total income of company increased 8.64% at Rs 6,880.63 crore for year under review as compared to Rs 6,333.15 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 14.06% in its net profit at Rs 2,102.96 crore as compared to Rs 1,843.75 crore for the previous year. Total income of company increased by 12.08% at Rs 7,601.05 crore for year under review as compared to Rs 6,781.69 crore for year ended March 31, 2018.

The post Muthoot Finance shines on reporting marginal rise in Q4 net profit appeared first on Udaipur News | Udaipur Latest News | udaipur local news.

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