Muthoot Finance Has Recorded 53.1 Percent Jump In Its Q2 Net Profit

Shares of Muthoot Finance added 4.5 percent in morning on the back of strong Q2 numbers.

Muthoot Finance has recorded 53.1 percent jump in its Q2 net profit at Rs 454.1 crore versus Rs 296.7 crore in the same quarter last fiscal.

The net interest income of the company rose 51.5 percent at Rs 1149.6 crore versus Rs 788 crore.

As on September 30, 2017 the company's loan assets stood at Rs 27608 crore as against Rs 27852 crore at June 30, 2017.

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