Muthoot Microfin Q2 Results: Profit Falls by 43.78% YOY
Wed, Nov 6, 2024 12:10 PM

Muthoot Microfin Q2 Results: Profit Falls by 43.78% YOY

A Flip by Avya Verma
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Muthoot Microfin's Q2 results show an 18.27% year-over-year revenue growth, but a 43.78% profit decline, largely due to increased selling and administrative expenses. EPS decreased 13.2% year-over-year, sparking concerns about operational efficiency. Despite challenges, analysts maintain a 'Strong Buy' rating, citing long-term potential.

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