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  1. Manappuram Finance profit falls 14 per cent in Q3

Manappuram Finance profit falls 14 per cent in Q3

Kerala based gold loan NBFC Manappuram Finance on Thursday announced a 14.4 % year-on-year decline in consolidated net profits for the third quarter of the fiscal at Rs 173.3 crore.

By: | Kochi | Published: February 9, 2018 4:26 AM
Manappuram Finance, gold loan, NBFC, NBFC golf loan, Net profit of Manappuram Finance Sequentially, the consolidated net profit has increased from Rs 160.37 crore in the second quarter of the fiscal.Consolidated revenue has also shown a decline of 2.7 % year-on-year to Rs 881 crore. (PTI)

Kerala based gold loan NBFC Manappuram Finance on Thursday announced a 14.4 % year-on-year decline in consolidated net profits for the third quarter of the fiscal at Rs 173.3 crore. Net profit for the year-ago period stands at Rs 202.54 crore. Sequentially, the consolidated net profit has increased from Rs 160.37 crore in the second quarter of the fiscal.Consolidated revenue has also shown a decline of 2.7 % year-on-year to Rs 881 crore.

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