Muthoot Capital Services to increase loan book to Rs 2,500 crore: Report

20 Apr 2016 Evaluate

In order to grow faster, Muthoot Capital Services is reportedly diversifying aggressively into corporate and SME segments and has set a target of increasing loan book by two-and-a-half times to Rs 2,500 crore this financial year. The company has already crossed Rs 1,000 crore in loan book size in FY16. Meanwhile, the company has posted a rise of 11.71% in its net profit at Rs 6.87 crore for the quarter ended March 31, 2016 as compared to Rs 6.15 crore for the same quarter in the previous year.

Muthoot Capital Services is a Non Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) and is listed on the Bombay Stock Exchange. It offers capital market solutions that include leasing & hire purchase, vehicle loans and bonds & deposits among others, with cost-effective value-added services for the benefit of their customers.

Muthoot Capital Serv Share Price

335.25 -17.85 (-5.06%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Finance 6836.60
Shriram Finance 2871.75
Aditya Birla Capital 186.20
SBI Cards AndPayment 687.35
Mah & Mah Finl. Serv 266.40
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