Muthoot Microfin announced that the 32th Annual General Meeting(AGM) of the company will be held on 21 June 2024.Powered by Capital Market - Live News

Net profit of Muthoot Microfin rose 26.65% to Rs 119.76 crore in the quarter ended March 2024 as against Rs 94.56 crore during the previous quarter ended March 2023. Sales rose 45.73% to Rs 646.81 crore in the quarter ended March 2024 as against Rs 443.84 crore during the previous quarter ended March 2023.For the full year,net profit rose 174.32% to Rs 449.58 crore in the year ended March 2024 as against Rs 163.89 crore during the previous year ended March 2023. Sales rose 58.89% to Rs 2270.18 crore in the year ended March 2024 as against Rs 1428.76 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales646.81443.84 46 2270.181428.76 59 OPM %64.0567.08 -65.4253.96 - PBDT187.15133.83 40 617.28239.48 158 PBT177.39126.42 40 581.84212.87 173 NP119.7694.56 27 449.58163.89 174 Powered by Capital Market - Live News

Muthoot Microfin will hold a meeting of the Board of Directors of the Company on 6 May 2024.Powered by Capital Market - Live News

Muthoot Microfin announced its foray into Telangana. The first phase of the expansion will see the inauguration of 4 branches across Telangana in March 2024. These branches will strategically serve locations including Bhuvanagiri, Jangaon, Hanmakonda and Parakala, enhancing accessibility to financial services. Subsequently, Muthoot Microfin plans to further establish branches in Andhra Pradesh by June 2024, reinforcing its commitment to advancing financial inclusion in the two states. Powered by Capital Market - Live News

Net profit of Muthoot Microfin rose 119.04% to Rs 124.57 crore in the quarter ended December 2023 as against Rs 56.87 crore during the previous quarter ended December 2022. Sales rose 52.84% to Rs 581.05 crore in the quarter ended December 2023 as against Rs 380.18 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales581.05380.18 53 OPM %63.5760.07 - PBDT139.0676.68 81 PBT129.8469.70 86 NP124.5756.87 119 Powered by Capital Market - Live News