Manappuram Finance standalone net profit rises 59.09% in the March 2020 quarter

Sales rise 33.36% to Rs 1187.82 crore

Net profit of Manappuram Finance rose 59.09% to Rs 339.76 crore in the quarter ended March 2020 as against Rs 213.56 crore during the previous quarter ended March 2019. Sales rose 33.36% to Rs 1187.82 crore in the quarter ended March 2020 as against Rs 890.72 crore during the previous quarter ended March 2019.

For the full year,net profit rose 55.65% to Rs 1230.30 crore in the year ended March 2020 as against Rs 790.44 crore during the previous year ended March 2019. Sales rose 26.13% to Rs 4311.29 crore in the year ended March 2020 as against Rs 3418.20 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1187.82890.72 33 4311.293418.20 26 OPM %74.8467.60 -73.8667.14 - PBDT500.40331.59 51 1834.071286.21 43 PBT460.72314.32 47 1680.001217.73 38 NP339.76213.56 59 1230.30790.44 56

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