Business Standard

Manappuram Finance posts 38% jump in Q1 net profit at Rs 368 crore

The non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the previous fiscal year

cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings
Premium

Income from operations rose 27.03 per cent to Rs 1,512.53 crore during April-June quarter of 2020-21 as against Rs 1,190.69 crore in the same quarter of 2019-20

Press Trust of India New Delhi
Manappuram Finance Ltd on Wednesday posted nearly 38 per cent jump in its consolidated net profit at Rs 367.97 crore in the first quarter ended June of the current fiscal year.
The non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the previous fiscal year.
Income from operations rose 27.03 per cent to Rs 1,512.53 crore during April-June quarter of 2020-21 as against Rs 1,190.69 crore in the same quarter of 2019-20, Manappuram Finance said in a release.
"This was a quarter when the overall business environment was severely affected by the lockdowns. However,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 29 2020 | 9:16 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com