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Manappuram Finance standalone net profit declines 18.19% in the March 2018 quarter

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Capital Market

Sales decline 4.68% to Rs 751.78 crore

Net profit of Manappuram Finance declined 18.19% to Rs 169.51 crore in the quarter ended March 2018 as against Rs 207.21 crore during the previous quarter ended March 2017. Sales declined 4.68% to Rs 751.78 crore in the quarter ended March 2018 as against Rs 788.71 crore during the previous quarter ended March 2017.

For the full year,net profit declined 3.56% to Rs 700.17 crore in the year ended March 2018 as against Rs 726.03 crore during the previous year ended March 2017. Sales declined 2.62% to Rs 2928.20 crore in the year ended March 2018 as against Rs 3007.01 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales751.78788.71 -5 2928.203007.01 -3 OPM %63.3772.70 -64.7872.31 - PBDT271.19333.34 -19 1127.531173.13 -4 PBT255.33318.97 -20 1066.561114.87 -4 NP169.51207.21 -18 700.17726.03 -4

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First Published: May 21 2018 | 4:32 PM IST

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