Muthoot Capital Services Ltd (MCSL), a part of Muthoot Pappachan Group and an NBFC, posted a decline of 47 per cent in profit before tax at Rs 18.52 crore during the quarter ended March 31, 2020, as compared to Rs 34.76 crore during the same period of previous fiscal year. The company's total income grew 7 per cent to Rs 146.94 crore during the quarter, as against Rs 137.26 crore during the corresponding period a year ago.
The company disbursed two-wheeler loans amounting to Rs 329.9 crore and reported a total disbursement of Rs 347.5 crore during the quarter. The