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Manappuram Finance logs 40% increase in pre-tax profit to Rs 544 cr in Q3

Total income grew 28.5 per cent to Rs 1,414 crore during the quarter, from Rs 1,100 crore in the year-ago period

Gireesh Babu 

IPOs, funding

logs 40% increase in pre-tax profit in Q3 has posted a 40.4 per cent rise in its profit before tax at Rs 544 crore during the quarter ended December 31, against Rs 387 crore during the same period a year ago. Total income grew 28.5 per cent to Rs 1,414 crore during the quarter, from Rs 1,100 crore in the year-ago period. In January, the company has issued 5.90 per cent Euro senior secured notes and raised Rs 2,128.8 crore, it added.

First Published: Tue, January 28 2020. 21:57 IST
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