A Non-Banking Finance Company (NBFC), Manappuram Finance offers a variety of fund-based and fee-based services, such as gold loans, money exchange services, etc. The Company is an NBFC-ND that accepts no deposits yet is systemically important.
Financial Results:
- Manappuram Finance Limited reported Total Income for Q4FY23 of ₹ 1,799 Crores up from ₹ 1,491 Crore year on year, a rise of 21%.
- Total Expenses for Q4FY23 of ₹ 1,232 Crores up from ₹ 1,137 Crores year on year, rise of 8%.
- Consolidated Net Profit of ₹ 415 Crores, up 59% from ₹ 261 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 4.91, up 59% from ₹ 3.08 in the same quarter of the previous year.