‘That’s our target for the next financial year’


Prime Time Zone, Webdesk: Rs. Muthoot Finance subsidiary Muthoot Homefin India Ltd on Sunday said it intends to disburse Rs 700 crore in home loans. During the first nine months of the current financial year, the company reported revenue of Rs. Distributed 85.6 crores. In the previous financial year, Rs. 356.4 crore, the company said in a statement. At present the company has Rs. 1,800 crore in operating assets.

‘In the coming financial year, Rs. We aim to provide home loans of Rs 700 crore. The government will continue its efforts to take the initiative to provide affordable housing to every citizen of the country, ”said George Alexander Muthoot, Managing Director of the company. In addition, they will focus on expanding their operations in the southern states of the country. The company’s independent profits fell 82.7 percent in the quarter ended December this fiscal.

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