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Muthoot Finance net profit declines 17.77% in the March 2014 quarter

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Capital Market

Sales decline 18.40% to Rs 1143.30 crore

Net profit of Muthoot Finance declined 17.77% to Rs 180.94 crore in the quarter ended March 2014 as against Rs 220.04 crore during the previous quarter ended March 2013. Sales declined 18.40% to Rs 1143.30 crore in the quarter ended March 2014 as against Rs 1401.12 crore during the previous quarter ended March 2013.

For the full year,net profit declined 22.32% to Rs 780.07 crore in the year ended March 2014 as against Rs 1004.24 crore during the previous year ended March 2013. Sales declined 8.34% to Rs 4893.41 crore in the year ended March 2014 as against Rs 5338.48 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1143.301401.12 -18 4893.415338.48 -8 OPM %74.4478.22 -78.6381.45 - PBDT291.08358.82 -19 1241.021556.89 -20 PBT278.33346.86 -20 1193.561511.45 -21 NP180.94220.04 -18 780.071004.24 -22

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First Published: May 26 2014 | 4:06 PM IST

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