Manappuram Finance Ltd on Wednesday posted nearly 38 per cent jump in its consolidated net profit at Rs 367.97 crore in the first quarter ended June of the current fiscal year.
The non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the previous fiscal year.
Income from operations rose 27.03 per cent to Rs 1,512.53 crore during April-June quarter of 2020-21 as against Rs 1,190.69 crore in the same quarter of 2019-20, Manappuram Finance said in a release.
"This was a quarter when the overall business environment was severely affected by the lockdowns. However,