Muthoot Finance Ltd (MFIN), a gold financing company, registered an increase in net profit of 43%, at Rs 492cr for Q1FY19 as against Rs 345cr in the previous year. Loan Assets stood at Rs 30997cr as at June 30, 2018 as against Rs 27857cr as at June 30 ,2017, Y-o-Y growth of 11%. During the quarter, Loan Assets increased by 6% of Rs 1855cr.
Muthoot Homefin increased its loan portfolio to Rs 1621cr as against previous year of Rs 596 cr.