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MUTHOOT FINANCE PROVISIONS
Home First Finance profit surges 43% on strong AUM growthHome First Finance reported a 43% rise in Q4 profit to Rs 150 crore driven by strong business expansion and 25% AUM growth. Operating profi...- Muthoot Finance seeks shareholder nod for entry into insurance distribution bizMuthoot Finance is gearing up for a pivotal growth phase as it seeks shareholder approval to venture into the insurance distribution arena....
- Bankers welcome RBI’s calibrated stance, regulatory stepsBankers have praised the Reserve Bank's decision to maintain current interest rates. This move, alongside specific industry adjustments, is...
- Muthoot Finance Q1 profit jumps 90% on strong growth, lower provisionsMuthoot Finance posted a 90% YoY jump in Q1 standalone net profit to Rs 2,046 crore, driven by strong business growth and lower provisions,...
- Muthoot Finance shares zoom 7% after Q2 profit jump 21% YoY; Morgan Stanley lifts target price to Rs 1,600Muthoot Finance reported a 21% increase in consolidated net profit for Q2, reaching Rs 1,321 crore. This growth was driven by a 37% rise in...
- Muthoot Finance shares rally 4% post Q4 results. Should you invest?Muthoot Finance Share Price: Muthoot Finance shares surged by 4.3% on Friday on the BSE, reaching a day's high of Rs 1,745. This uptick fol...
- Muthoot Finance declares interim dividend of Rs 24 per shareMuthoot Finance announces an interim dividend of Rs 24 per share for FY23-24, with a record date of June 1. The company assures adherence t...
- Muthoot Finance and Manappuram Finance shares tank up to 9% after RBI advisoryMuthoot Finance and Manappuram Finance shares dropped 8-9% on BSE following an RBI advisory on cash disbursal of loans. The RBI instructed ...
- Muthoot Finance to benefit from improving gold loan segment: What makes it stock pick of the weekIn addition to its brand image, increasing its branch networks is also helping Muthoot. Due to steady business growth, analysts believe its...
- Gold loans saw good growth, demand in Q2: George Alexander Muthoot, Muthoot Finance"If you are in the money, why should we trouble a customer. We can definitely hold those loans as stage 3 and still work in the company so ...
- Muthoot Finance jumps over 3% post Q2 resultsTotal income of the Kerala-based gold loan provider climbed to Rs 1,670 crore during the quarter.
- Muthoot Capital records fall in net profit for Q1The Company disbursed 36734 loans amounting to Rs. 165.72 crores during the quarter compared to 29902 loans amounting to Rs.122.56 crores d...
- Muthoot Finance FY15 net profit falls 14% to Rs 671 croreMuthoot Finance, the country's largest gold financing company, today reported 14 per cent decline in net profit for 2014-15 fiscal at Rs 67...
- Muthoot Finance Net dips 19% at Rs 171 crore on lower loan growthThe total income from operations of the Kochi-based company stood at Rs 1,058 crore as against Rs 1,295 crore in the same period last year.
- Muthoot Finance soars 65% on easier provisioning normsMuthoot Finance has seen its stock run up 65% over the past two months on the back of easing of provisioning norms for gold loans and risin...
- See demand for gold loan in semi-urban, rural areas: George Alexander Muthoot, Muthoot FinanceThe market understands that these are difficult times and we are able to do reasonably well and post a profit after tax of Rs 211 crore thi...
- Muthoot Finance launches its ESOP; to benefit over 24,000 employeesThe plan was approved as a special resolution in the company Annual General Meeting held here on September 27, the company said in a press ...
- Muthoot Finance may turn 2,000 gold-loan outlets into bank branchesMuthoot Finance, which has applied for banking licence, has said it can easily launch commercial lending business with as many as 2,000 bra...
- Muthoot Finance: Can turn 2,000 gold-loan outlets into bank branchesThe company has over 4,200 gold loan outlets across the country, and employee strength of over 25,000 with a gold loan portfolio over Rs 26...
- Muthoot Finance Q4 net down 6% to Rs 220 croreMuthoot Finance posted 6% drop in net profit to Rs 220 crore during the fourth quarter of 2012-13, mainly due to slowdown in business.
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