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Manappuram Finance Ltd Q3FY24; 46% rise in Profits

Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important Non-Deposit taking NBFC(NBFC-ND).

Financial Results:

Manappuram Finance Ltd reported Revenues for Q3FY24 of ₹2,305.00 Crores up from ₹1,715.00 Crore year on year, a rise of 34.4%.

Total Expenses for Q3FY24 of ₹1,540.00 Crores up from ₹1,194.00 Crores year on year, a rise of 28.98%.

Consolidated Net Profit of ₹575.00 Crores up 46.31% from ₹393.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.77, up 46.22% from ₹4.63 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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