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Muthoot Capital records higher profit

KOCHI: The Board of Directors of Muthoot Capital Services Limited has recommended payment of dividend at the rate of 15 per cent for equity shareholders. The company recorded a total income of Rs.1225.40 lakh during the last financial year, compared to Rs.802.88 lakh in the previous year, recording an increase of 53 per cent. The net profit during the same period increased to Rs.400.15 lakh from Rs.204.60 lakh, recording an increase of 96 per cent, according to a press release.— Special Correspondent

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