• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Kochi, Aug 4

Muthoot Capital Services Ltd’s net profit has grown by 75 per cent to Rs 1.22 crore (Rs 0.69 crore) during the first quarter of the current fiscal. The total income of the company grew by 61 per cent to Rs 3.51 crore (Rs 2.18 crore). The growth in expenditure was relatively more moderate at 52 per cent to Rs 1.09 crore (Rs 0.71 crore), a press release said. The profit before tax also grew by 71 per cent to Rs 1.80 crore (Rs 1.05 crore). The company is poised to incre ase the business levels and improve profits in the current year, the release added. It is planning to open branches in Maharashtra, Madhya Pradesh, and Gujarat to complement the existing branches in reach and business.

—Our Bureau

More Stories on : Financial Services

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Aditya Birla Nuvo consolidated Q1 net drops 130%

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line