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May 15, 2012, 05.33 PM IST
Gold loan financing company Muthoot Finance has reported a growth of 69% year-on-year in its net profit of Rs 235 crore for the fourth quarter of FY12.
Revenues shot up 71% to Rs 1,288 crore for January-March quarter of 2012 from Rs 753 crore in the corresponding quarter of last fiscal. Muthoot Finance has decided to pay a dividend of Rs 4 a share. For FY12, company's income from operations increased 97% to Rs 4,536 crore and profit after tax jumped 80% to Rs 892 crore as compared to last year. Shares closed at Rs 128.75, up 1.70% after hitting an intraday high of Rs 129.90 and low of Rs 125.20 on the BSE.
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