Manappuram Finance posts 30% growth in profit before tax in Q4FY20

Profit before tax from gold loan and others grew 44.5 per cent to Rs 459.47 crore during the quarter, as compared to Rs 317.97 crore during same quarter a year ago

Manappuram Finance Ltd on Thursday posted a growth of 30.4 per cent in profit before tax at Rs 534.07 crore during the quarter ended March 31, 2020, as compared to Rs 409.41 crore during same period of last year. The company's total income grew 38.7 per cent to Rs 1618.15 crore during the quarter as against Rs 1166.51 crore during same quarter a year ago.

While profit before tax for the whole year ended March 31, 2020 grew by 37.8 per cent to Rs 2007.30 crore, as compared to Rs 1456.59 crore during FY19, tootal income for the fiscal year grew