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MUMBAI: Gold loan financier Muthoot Finance Ltd (MFIN) on Tuesday reported a 22 per cent jump in standalone profit after tax at Rs 991.4 crore for the quarter ended December 2020.
The company had posted a profit of Rs 815.2 crore in the year-ago period.
On a consolidated basis, its profit after tax rose to Rs 1,006.7 crore from Rs 861 crore in the same quarter of the previous fiscal.
Total income grew 20 per cent to Rs 2,777 crore from Rs 2,321 crore earlier. The growth during the quarter was very good. Our standalone loan assets. has crossed the landmark of Rs 50,000 crore. Our active customers presently having a loan account also crossed the landmark of 50 lakh customers, the company s Managing Director George Alexander Muthoot said.