Muthoot Finance reported a drop in profitability for its fourth quarter ended March 2013. The gold NBFC's net profit came in at Rs 220 crore while total income was at Rs 1,411 crore. Muthoot Finance managing director George Alexander Muthoot tells NDTV that while gross NPA stands at 1.9 per cent, loan losses account for 0.05 per cent of total advances and there has been minimal impact for the NBFC despite a sharp correction in gold prices.