Muthoot Capital Services Ltd Q3 FY2024 PAT lower at Rs. 10.01 crores

Muthoot Capital Services Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 96.8994 crores during the period ended December 31, 2023 as compared to Rs. 100.0720 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 10.0102 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 83.2144 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 6.09 for the period ended December 31, 2023 as compared to Rs. 50.60 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 96.8994 crs	₹100.0720 crs	-3.17%
Net Profit	₹10.0102 crs	₹83.2144 crs	-87.97%
EPS	₹6.09	₹50.60	-87.96%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 96.8994 crores during the period ended December 31, 2023 as compared to Rs.112.82 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.10.0102 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.19.79 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.6.09 for the period ended December 31, 2023 as compared to Rs.12.03 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 96.8994 crs	₹112.82 crs	-14.11%
Net Profit	₹10.0102 crs	₹19.79 crs	-49.42%
EPS	₹6.09	₹12.03	-49.38%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.303.8736 crores during the 9 Months period ended December 31, 2023 as compared to Rs.329.01 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.110.9739 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.52.72 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.67.47 for the 9 Months period ended December 31, 2023 as compared to Rs.32.05 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹303.8736 crs	₹329.01 crs	-7.64%
Net Profit	₹110.9739 crs	₹52.72 crs	110.50%
EPS	₹67.47	₹32.05	110.51%

Shares of Muthoot Capital Services Limited was last trading in BSE at Rs. 376.00 as compared to the previous close of Rs. 395.50. The total number of shares traded during the day was 4399 in over 154 trades.

The stock hit an intraday high of Rs. 396.00 and intraday low of 373.50. The net turnover during the day was Rs. 1670543.00.

Source : Equity Bulls

Keywords

MuthootCapitalServices Q3FY24 9MFY24 ResultUpdate