Muthoot Vehicle & Asset Finance standalone net profit declines 26.29% in the June 2024 quarter

Net profit of Muthoot Vehicle & Asset Finance declined 26.29% to Rs 1.43 crore in the quarter ended June 2024 as against Rs 1.94 crore during the previous quarter ended June 2023. Sales rose 16.01% to Rs 13.26 crore in the quarter ended June 2024 as against Rs 11.43 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	13.26	11.43	16
OPM %	44.19	43.31	-
PBDT	1.90	2.82	-33
PBT	1.75	2.61	-33
NP	1.43	1.94	-26