Gold loan financing company Muthoot Finance has
reported a growth of 69% year-on-year in its net profit of Rs 235 crore for the
fourth quarter of FY12.
Revenues shot up 71% to Rs 1,288 crore for January-March
quarter of 2012 from Rs 753 crore in the corresponding quarter of last fiscal.
Muthoot Finance has decided to pay a dividend of Rs 4 a
share.
For FY12, company's income from operations increased 97% to
Rs 4,536 crore and profit after tax jumped 80% to Rs 892 crore as compared
to last year.
Shares closed at Rs 128.75, up 1.70% after hitting an
intraday high of Rs 129.90 and low of Rs 125.20 on the BSE.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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