Muthoot Microfin swings to ₹71 crore profit in Q4 from ₹401 crore loss as bad loans fall
Muthoot Microfin reported a sharp turnaround in the March quarter, posting a net profit of ₹71.1 crore compared with a loss of ₹401.1 crore a year ago, aided by stronger loan growth and improving asset quality, according to an exchange filing. Net interest income rose 20.1% year-on-year to ₹400.3 crore, reflecting steady expansion in the…
