 "Manappuram Fin gave a growth guidance of 8-10 per cent in gold AUM for next year")
Shares of Manappuram Finance jumped 7.2 per cent to Rs 132, in an otherwise weak market, on the BSE on Friday after the gold financier reported a strong operating performance in the March quarter of FY20 (Q4FY20). The firm logged a growth of 30.4 per cent in profit before tax at Rs 534.07 crore during the quarter ended March 31, 2020, as compared to Rs 409.41 crore during same period of last year.
The company's total income grew 38.7 per cent to Rs 1618.15 crore during the quarter as against Rs 1166.51 crore during same quarter a year ago.
The company's total income grew 38.7 per cent to Rs 1618.15 crore during the quarter as against Rs 1166.51 crore during same quarter a year ago.
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