Manappuram Home Finance standalone net profit declines 3.25% in the March 2024 quarter

Sales rise 38.35% to Rs 66.77 crore

Net profit of Manappuram Home Finance declined 3.25% to Rs 7.14 crore in the quarter ended March 2024 as against Rs 7.38 crore during the previous quarter ended March 2023. Sales rose 38.35% to Rs 66.77 crore in the quarter ended March 2024 as against Rs 48.26 crore during the previous quarter ended March 2023.

For the full year,net profit rose 2.21% to Rs 19.90 crore in the year ended March 2024 as against Rs 19.47 crore during the previous year ended March 2023. Sales rose 45.37% to Rs 235.28 crore in the year ended March 2024 as against Rs 161.85 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales66.7748.26 38 235.28161.85 45 OPM %59.7758.54 -55.0356.45 - PBDT11.499.45 22 30.5828.28 8 PBT10.858.78 24 27.5625.92 6 NP7.147.38 -3 19.9019.47 2

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