Business Standard

Manappuram Finance logs 40% increase in pre-tax profit to Rs 544 cr in Q3

Total income grew 28.5 per cent to Rs 1,414 crore during the quarter, from Rs 1,100 crore in the year-ago period

IPOs, funding
Premium

Gireesh Babu
Manappuram Finance logs 40% increase in pre-tax profit in Q3 Manappuram Finance has posted a 40.4 per cent rise in its profit before tax at Rs 544 crore during the quarter ended December 31, against Rs 387 crore during the same period a year ago. Total income grew 28.5 per cent to Rs 1,414 crore during the quarter, from Rs 1,100 crore in the year-ago period. In January, the company has issued 5.90 per cent Euro senior secured notes and raised Rs 2,128.8 crore, it added.

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