Muthoot Capital net down 10%

Muthoot Capital Services, a member of the Muthoot Pappachan Group, has reported a net profit of ₹5.41 crore for the first quarter of the current financial year. This is down 10 per cent from the ₹5.98 crore recorded in the corresponding quarter last year. The company’s total income rose 30 per cent to ₹45.20 crore, from ₹34.85 crore in the year-ago period.