Muthoot Finance standalone net profit rises 40.28% in the March 2018 quarter

Capital Market 

Sales decline 9.28% to Rs 1550.97 crore

Net profit of rose 40.28% to Rs 451.39 crore in the quarter ended March 2018 as against Rs 321.78 crore during the previous quarter ended March 2017. Sales declined 9.28% to Rs 1550.97 crore in the quarter ended March 2018 as against Rs 1709.63 crore during the previous quarter ended March 2017.

For the full year,net profit rose 45.81% to Rs 1720.27 crore in the year ended March 2018 as against Rs 1179.83 crore during the previous year ended March 2017. Sales rose 7.56% to Rs 6161.83 crore in the year ended March 2018 as against Rs 5728.63 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1550.971709.63 -9 6161.835728.63 8 OPM %73.2666.98 -75.6274.10 - PBDT743.79602.61 23 2800.931969.23 42 PBT732.44589.29 24 2757.081920.98 44 NP451.39321.78 40 1720.271179.83 46

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First Published: Wed, May 16 2018. 17:45 IST