
Why manappuram share falling: The stock of Manappuram Finance have fallen over 16% in the past five trading sessions.
Consolidated revenue from operations rose 22% to ₹2,484 crore during the April-June period.
There has been 403,000 new customer additions during the just concluded quarter, taking the number of live customers to 2.46…
Gold loan major Manappuram Finance made impressive gains in both profitability and AUM in first quarter of FY24 while making…
While gold loans continue to remain a focus area, the company has gone forward with microfinance, vehicle loans, corporate loans,…
RBI conducted a statutory inspection of the company concerning its financial position as of March 2021.
Manappuram Finance’s consolidated net profit rose to 4.13 billion rupees ($50.50 million) in the January to March quarter, from 2.61…
“Such searches need not lead to further regulatory action, but investigations raise reputational risk that could tarnish a lender’s business…
The ED said Nandakumar illegally collected deposits at various branch offices of Manappuram Finance Limited, through some of its employees.
“The ED is conducting a search at our registered office. We are extending full cooperation to the department, including providing…
In aggregate, the company’s non-gold loan businesses account for 42% of its consolidated AUM.
There has been a healthy growth in profitability, sequentially as well as on a YoY basis, while a steady AUM…
Total consolidated operating income for the quarter amounted to Rs 1,696.26 crore compared to Rs 1,531.92 crore in the year-ago…
However, the microfinance book posted a modest decline in volumes as we decided to go slow on fresh disbursements and…
The NBFC had reported a consolidated net profit of Rs 483.19 crore in Q3 of FY21 and Rs 369.88 crore…
Raja Vaidyanathan, MD of Asirvad Microfinance, said, “This deal, closely on the heels of an ECB transaction with US-based WorldBusiness…
According to him, the demand for gold loans is stable at around 10-15% despite stiff competition from banks. He said…
Manappuram Finance share price has risen over 42 per cent in less than two months from Rs 75.60.