India's Muthoot Capital tumbles on quarterly profit drop
06/08/2025 08:28
** Shares of Muthoot Capital Services MUTH.NS fall 11% to 267.15 rupees, lowest level since May 15 ** Stock set for worst one-day fall since Jan 24, 2024 ** Non-banking lender posts June-qtr loss of 46.7 million rupees ($532,630.76) vs profit of 108 million rupees a year earlier ** Expenses jumped 80%, overshadowing 45% revenue growth ** More than 231,000 shares traded, 5.5x 30-day avg ** MUTH down 19% so far in 2025 ($1 = 87.6780 Indian rupees) (Reporting by Nishit Navin in Bengaluru) ((nishit.navin@thomsonreuters.com))
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India's Muthoot Capital falls to 6-month low on quarterly profit drop