Muthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth in its gold loan business. The company also announced a leadership transition, with Alexander George Muthoot set to take over as managing director from October 1, subject to shareholder approval.
Muthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth in its gold loan business. The company also announced a leadership transition, with Alexander George Muthoot set to take over as managing director from October 1, subject to shareholder approval.
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