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Manappuram Finance jumps 7% in a weak market on strong Q4 result

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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Manappuram Fin gave a growth guidance of 8-10 per cent in gold AUM for next year

4 min read Last Updated : May 15 2020 | 10:14 AM IST

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.

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Topics : Buzzing stocks Manappuram Finance Markets

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