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Muthoot Finance Q4 net soars 69% on gold price; NPA doubles – Firstpost

Written By: Latest News - May• 15•12

Firstpost
Muthoot Finance Q4 net soars 69% on gold price; NPA doubles
Firstpost
As gold prices rose to record highs, which enabled the company to lend more money to borrowers at a higher loan-to-value terms of up to 80 percent, revenues rose 71 percent to Rs 1288 crore for the January-March quarter, up from Rs 753 crore a year ago

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