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Muthoot Microfin Q4 Results: Profit jumps 27% to Rs 120 crore

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May 6, 2024
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Muthoot Microfin Q4 Results: Profit jumps 27% to Rs 120 crore
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New Delhi, Muthoot Microfin on Monday reported a 27 per cent rise in its profit after tax at Rs 119.76 crore during March quarter of 2023-24. The non-banking finance company had reported a profit after tax (PAT) of Rs 94.56 crore in the corresponding fourth quarter of FY23, according to a regulatory filing.

The net interest income (NII) grew 47 per cent to Rs 400 crore during the March quarter of FY24 from Rs 272 crore in the year-ago period.

For 2023-24 fiscal, PAT grew over two-fold to Rs 450 crore.

The NII rose 56 per cent to Rs 1,361 crore in FY24.

Tags: 27 pccroreFY24jumpsMarch quartermarkets newsMicrofinMuthootmuthoot microfinmuthoot microfin q4muthoot microfin q4 earningsmuthoot microfin q4 resultsmuthoot microfin share pricemuthoot microfin sharesNet interest incomeNew Delhinon-banking finance companyprofitQ4resultsRs 120 crore
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