Muthoot Capital Services zooms 20% on strong Q3 results

In past one year, the stock has outperformed the market by surging 260% against 28% rise in the S&P BSE Sensex

Muthoot Capital Services was locked in upper circuit of 20% to Rs 799 also its record high on BSE, after the company reported a more than doubled net profit at Rs 157 million for the quarter ended December 2017 (Q3FY18).

The company engaged in the business of financing had profit of Rs 64 million in the same quarter last year.

Net interest income (operational revenue minus finance costs) grew 68% at Rs 730 million against Rs 434 million in the corresponding quarter of previous fiscal.

In past one year, the stock has outperformed the market by surging