New Delhi: Shares of Muthoot Finance (MFIN) Wednesday surged 10.5% after the company registered a rise of 43% in consolidated net profit for April-June, 2018-19.

The stock surged 9.41% to end at 437.10 on BSE. During the day, it jumped 10.66% to 442.10.

At NSE, shares of the company climbed 10.50% to close at 441.85. In terms of equity volume, 6.28 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.

Muthoot Finance Wednesday registered a rise of 43% in consolidated net profit at 492 crore in the June quarter.

The company had recorded a net profit of 345 crore in the same quarter of 2017-18.

Total income increased 19% at 1,633 crore in April-June, 2018-19 as against 1,377 crore in the year-ago June quarter.

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