Home / Companies / Results / Manappuram Finance consolidated Q4 net up 17.6% to Rs 468 cr, NII up 7.2%

Manappuram Finance consolidated Q4 net up 17.6% to Rs 468 cr, NII up 7.2%

Mulls listing of MFI subsidiary

Premium

The microfinance business has got capital adequacy of over 20 per cent, much higher than regulatory requirement

3 min read Last Updated : May 27 2021 | 12:23 AM IST

Gold loan company Manappuram Finance Ltd's consolidated net profit rose by 17.6 per cent to Rs 468.35 crore in the fourth quarter ended March 2021 (Q4FY21). It had posted consolidated net profit of Rs 398.2 crore in Q4FY20.

The consolidated net for the full year ended March 2021 was up 16.53 per cent at Rs 1,724.95 crore, from Rs 1,480.30 crore.

Manappuram Finance declared an interim dividend of Rs 0.75 per equity share of face value Rs two.

Its stock closed flat at Rs 160.30 on BSE.

Net interest income in Q4FY21 rose 7.2 per cent to Rs 10,984 crore

Topics : Manappuram Finance gold loan Q4 Results

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in