Muthoot Capital Services Reports Strong Q3 Results, Indicating Improved Financial Health

Muthoot Capital Services has recently reported its financial results for the quarter ending December 2024, showcasing a notable performance in various key metrics. The company achieved net sales of Rs 125.68 crore, marking the highest quarterly figure in the last five quarters and reflecting a year-on-year growth of 30.98%. This upward trajectory in sales indicates a robust near-term trend.
In terms of operating profit, Muthoot Capital Services recorded Rs 79.42 crore, also the highest in the past five quarters, suggesting a consistent improvement in operational efficiency. The profit before tax, excluding other income, stood at Rs 16.83 crore, with a year-on-year increase of 33.57%, further emphasizing the positive momentum in the company's financial health.

Additionally, the profit after tax reached Rs 12.56 crore, growing by 25.5% year-on-year. These results have led to an adjustment in evaluation, with the score rising to 11 from 6 over the last three months, reflecting the company's strengthening position in the finance/NBFC sector.

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