In a year-on-year comparability with the identical interval of the final monetary yr, the online revenue elevated from ₹78.68 crore to ₹122.66 crore, a progress of 55 per cent from the identical interval final yr.
- Additionally learn: Muthoot Capital Companies nine-month revenue at ₹110.97 crore
The corporate disbursed loans amounting to ₹1,438.42 crore throughout the yr. The entire AUM (property underneath administration) reached ₹2,018.17 crore.
Thomas George Muthoot, Managing Director, Muthoot Capital Companies Restricted, stated, “FY24 was a yr of resurgence for MCSL the place we registered very robust efficiency on all fronts. Our disbursements grew 9 per cent y-o-y to succeed in ₹1,438 crore, our GNPA decreased by over 50 per cent and we registered all-time excessive PAT of ₹122 crore. All these had been made attainable on account of a rigorously articulated technique, meticulous planning, and voracious execution.”
- Additionally learn: Muthoot Capital Companies raises ₹40 crore through debt
Mathews Markose, Chief Government Officer, stated, “Our goals centre round AUM progress with a wholesome ROA, progress in market share, diversifying right into a multi-product firm, successfully utilizing the community inside the group for buyer acquisition, strengthening our asset high quality, digital transformation, cross-selling and upselling on the prevailing base, being an employer of selection and in a position to appeal to expertise, and creating an organisational tradition of fixed renewal.
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