Manappuram Finance consolidated Q4 net up 17.6% to Rs 468 cr, NII up 7.2%

Mulls listing of MFI subsidiary

Gold loan company Manappuram Finance Ltd's consolidated net profit rose by 17.6 per cent to Rs 468.35 crore in the fourth quarter ended March 2021 (Q4FY21). It had posted consolidated net profit of Rs 398.2 crore in Q4FY20.

The consolidated net for the full year ended March 2021 was up 16.53 per cent at Rs 1,724.95 crore, from Rs 1,480.30 crore.

Manappuram Finance declared an interim dividend of Rs 0.75 per equity share of face value Rs two.

Its stock closed flat at Rs 160.30 on BSE.

Net interest income in Q4FY21 rose 7.2 per cent to Rs 10,984 crore