ADVERTISEMENT
Manappuram Finance Q1 Results: Profit Falls 75%
The firm approved the appointment of V P Nandakumar as its chairperson, effective Aug. 28.
08 Aug 2025, 04:46 PM IST 
Save
The non-banking financial company had a consolidated net profit of Rs 138 crore. (Photo: Envato)
Show Quick Read
Summary is AI Generated. Newsroom Reviewed
Manappuram Finance Ltd. recorded a 75% decline in its bottom line in the first quarter of financial year, according to an exchange filing on Friday.
The non-banking financial company posted a consolidated net profit of Rs 138 crore in comparison to Rs 555 crore in the year-ago period.
Manappuram Finance Q1 Highlights (Consolidated, YoY)
Net profit declines 75% to Rs 138 crore versus Rs 555 crore.
Calculated NII declines 10.2% to Rs 1,380 crore versus Rs 1,538 crore.
Impairment at Rs 559 crore versus Rs 229 crore.
The firm approved the appointment of V P Nandakumar as its chairperson, effective Aug. 28.
Shares of Manappuram Finance closed 1.36% lower at Rs 257 apiece on the NSE, compared to a 0.95% fall in the benchmark Nifty.
Opinion
Q1 Result Updates: Yatra Profit Nearly Quadruples; Siemens, Tata Motors Profit Declines
