Total Income at the company has decreased from Rs. 1293.78 crores for the quarter ended June 30, 2012 to Rs 1285.79 crores for the quarter ended June 30, 2013.
The loan write off for Q1 were placed at Rs 6 crores. The net interest income for the quarter was Rs 554 crores, while the income from power generation was just Rs 56 lakhs for the quarter.
Shares of Muthoot Finance rallied more then 6 per cent following the results. Muthoot Finance is the only gold loan company to have submitted an application to the Reserve Bank of India for a banking license.
The shares were last traded at Rs 104 on the National Stock Exchange (NSE).