ResultsFinancial Express
Manappuram Finance Q2 profit jumps three-fold to Rs 701 crore
GreyOak summary
Manappuram Finance reported a three-fold increase in consolidated net profit to Rs 701.25 crore for Q2 FY27. This growth was driven by a 50% rise in interest income and lower loan loss provisions. Consolidated assets under management grew 60.1% to Rs 73,303 crore, while shares closed flat after market hours.
What it affects
- Manappuram FinanceMANAPPURAMPositive +100
Q2 profit jumped three-fold to Rs 701 crore.Rolling sentiment Positive +83
Source
Read the original at Financial ExpressMore Manappuram Finance news
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