Minimal impact despite sharp correction in gold prices: Muthoot Finance on Q4 results

  • 6:47
  • Published On: May 14, 2013
Cinema View
Embed
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.

Related Videos

Gold Prices Inch Closer To Rs 80,000 Per 10 Grams This Festive Season
October 19, 2024 4:28
As Gold Prices Hit Record High, India Second-Largest Consumer Globally
October 18, 2024 1:10
Gold Prices Soar Amid Festive Demand
October 17, 2024 4:17
Gold Prices Hit Record High
September 25, 2024 1:19
Ahead Of Festive Season, Gold Prices Touch An All-Time High At Rs 6980/gram
September 24, 2024 3:38
Why Have Gold Prices Surged To New Record High?
August 21, 2024 1:15
Gold Hits Record High, Silver Prices Surge
May 21, 2024 3:00
Gold Rates Lowest In Over 2 Weeks, Big Opportunity For Investors
April 23, 2024 0:42
How China Is Driving Gold Price Surge
April 22, 2024 0:47
Gold Prices Hit Record High, Rs 66,764 Per 10 gm In Delhi
March 21, 2024 0:48
Gold Prices Hit Six-Month High On Weak US Dollar
November 27, 2023 1:21
Gold Prices At Record High, Hit Rs 60,000 Mark For The First Time
March 20, 2023 1:41
  • JMM-Led INDIA Bloc Closes The Door For NDA In Jharkhand
    November 24, 2024 1:45

    JMM-Led INDIA Bloc Closes The Door For NDA In Jharkhand

  • Fahad Ahmad, Swara Bhasker's Husband, Loses To Sana Malik In Anushakti Nagar
    November 24, 2024 1:14

    Fahad Ahmad, Swara Bhasker's Husband, Loses To Sana Malik In Anushakti Nagar

  • Lot To Learn From Maharashtra, Jharkhand Election Results: Congress MP Gaurav Gogoi
    November 24, 2024 3:57

    Lot To Learn From Maharashtra, Jharkhand Election Results: Congress MP Gaurav Gogoi

  • "Ek Hain Toh Safe Hain": PM Modi On 'Biggest Message' Of Polls
    November 24, 2024 4:57

    "Ek Hain Toh Safe Hain": PM Modi On 'Biggest Message' Of Polls

  • The Biggest Stories Of November 23, 2024
    November 24, 2024 20:50

    The Biggest Stories Of November 23, 2024

  • After Congress' Poor Performance In Maharashtra, No Takers For Failed 'RaGa'
    November 23, 2024 25:54

    After Congress' Poor Performance In Maharashtra, No Takers For Failed 'RaGa'

  • Mamata Banerjee’s Trinamool Congress Wins All 6 Seats In Bengal Bypolls
    November 23, 2024 5:47

    Mamata Banerjee’s Trinamool Congress Wins All 6 Seats In Bengal Bypolls

  • The Rise And Rise Of Devendra Fadnavis
    November 23, 2024 5:48

    The Rise And Rise Of Devendra Fadnavis

  • Karnataka Bypolls Results: Congress Clean Sweep In 3 Seats
    November 23, 2024 3:56

    Karnataka Bypolls Results: Congress Clean Sweep In 3 Seats

  • Trinamool Sweeps Bengal Bypolls, Wrests Seat From BJP After 8 Years
    November 23, 2024 3:25

    Trinamool Sweeps Bengal Bypolls, Wrests Seat From BJP After 8 Years

  • BJP-Led Mahayuti Secures Landslide Victory In Maharashtra
    November 23, 2024 4:24

    BJP-Led Mahayuti Secures Landslide Victory In Maharashtra

  • "Victory A Stamp On BJP's Governance Model": PM Modi On Maharashtra Election Results
    November 23, 2024 49:34

    "Victory A Stamp On BJP's Governance Model": PM Modi On Maharashtra Election Results

  • "Opposition's Fake Narratives On Maharashtra Busted": Piyush Goyal
    November 23, 2024 6:12

    "Opposition's Fake Narratives On Maharashtra Busted": Piyush Goyal

  • Ek Hain To Safe Hain' Is India's Mantra: PM Doubles Down On Congress
    November 23, 2024 4:27

    Ek Hain To Safe Hain' Is India's Mantra: PM Doubles Down On Congress

  • Mahayuti Secures Historic Win In Maharashtra Elections: Who Will Become The Next CM?
    November 23, 2024 2:59

    Mahayuti Secures Historic Win In Maharashtra Elections: Who Will Become The Next CM?

  • After Maharashtra Win, Grand Welcome For PM Modi At BJP HQ
    November 23, 2024 5:53

    After Maharashtra Win, Grand Welcome For PM Modi At BJP HQ

  • Fadnavis Is Now 'Modern Abhimanyu':From "Comeback" Speech To Actual Comeback
    November 23, 2024 0:47

    Fadnavis Is Now 'Modern Abhimanyu':From "Comeback" Speech To Actual Comeback

  • "Biggest Win For A Pre-Poll Alliance In Last 50 Years:" PM Modi On Maharashtra
    November 23, 2024 1:24

    "Biggest Win For A Pre-Poll Alliance In Last 50 Years:" PM Modi On Maharashtra

  • "Negative Politics Lost": PM Modi On Maharashtra Election Results
    November 23, 2024 2:16

    "Negative Politics Lost": PM Modi On Maharashtra Election Results

  • Maharashtra Results 2024 | "I'm Modern Abhimanyu, Know How To Break Chakravyuh": Devendra Fadnavis
    November 23, 2024 0:21

    Maharashtra Results 2024 | "I'm Modern Abhimanyu, Know How To Break Chakravyuh": Devendra Fadnavis

  • Wayanad Bypolls | Priyanka Gandhi Wins Kerala's Wayanad Bypolls By Over 4 Lakh Votes
    November 23, 2024 3:04

    Wayanad Bypolls | Priyanka Gandhi Wins Kerala's Wayanad Bypolls By Over 4 Lakh Votes