Muthoot Finance pays interim, betters profit in Q 3

Kochi: Muthoot Finance has declared an interim dividend of Rs10 per equity share of Rs10 for the current fiscal ending 2018, the company said in a statement.

Meanwhile, the company’s turnover slipped to Rs1566.66 crore in the third quarter of the current financial year, from Rs1669.93 crore in the previous quarter. But the company posted a less revenue of Rs1346.42 crore during the same period last year.

Despite a fall in turnover, the company earned marginally higher net profit of Rs463.64 crore in the quarter under review as compared with Rs454.15 crore in the previous quarters. In same period last fiscal, company earned much less profit of Rs291.06 crore.

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