[ad_1] Manappuram Finance posted a net profit of ₹453.4 crore in Q3FY25, reflecting a 5.8% increase from ₹428.6 crore in the corresponding period last year. Company Value Change %Change The company’s net interest income (NII) saw a healthier growth of 13.7% YoY, reaching ₹1,160.9 crore compared to ₹1,021.2 crore in Q3FY24. The rise in NII […]
Manappuram Finance shares fall 10% post RBI action on Asirvad, multiple downgrades – CNBC TV18
[ad_1] Manappuram Finance Ltd., the gold financing company, has received multiple downgrades and price target cuts from brokerages after the Reserve Bank of India asked its subsidiary Asirvad Micro Finance to stop sanctions and disbursals of loans. The Reserve Bank of India took action against Asirvad and three other NBFCs. The NBFCs were found to […]
Manappuram Finance’s Q1 net profit rises 11.8% on strong gold loan growth; company declares dividend – CNBC TV18
[ad_1] Manappuram Finance has reported an 11.8% increase in net profit for Q1, reaching ₹556.5 crore, up from ₹498 crore year-on-year (YoY). The company’s Net Interest Income (NII) saw an 18.7% rise, totaling ₹1,639.9 crore compared to ₹1,381.7 crore in the same period last year. Manappuram Finance has also declared an interim dividend of ₹1 […]