Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes

Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes

Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes The company attributed the poor set of numbers primarily to the troubles in the auto industry arising from the switchover to BS-VI emission norms and also the disruptions caused by the COVID-19 pandemic in the last 15 days of the quarter.