Muthoot Finance will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live News

The Board of Directors of Muthoot Money has yesterday completed the allotment of 3,30,578 equity shares to Muthoot Finance for a consideration of Rs 499.99 crore.Muthoot Money is a wholly owned subsidiary of Muthoot Finance.Additional equity infusion is made in order to strengthen the capital base and improve the capital adequacy ratio. Funds raised through the rights issue will be utilized for funding the business, general corporate purposes and for repayment of existing loans. Powered by Capital Market - Live News

Net profit of Muthoot Finance rose 20.01% to Rs 1271.60 crore in the quarter ended September 2024 as against Rs 1059.62 crore during the previous quarter ended September 2023. Sales rose 36.68% to Rs 4928.82 crore in the quarter ended September 2024 as against Rs 3606.14 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4928.823606.14 37 OPM %73.1477.69 - PBDT1826.641492.39 22 PBT1801.781470.21 23 NP1271.601059.62 20 Powered by Capital Market - Live News

Muthoot Finance will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live News

Muthoot Finance announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live News