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Manappuram Finance reports 13% rise in Q3 net profit

03 Feb 2015 Evaluate

Manappuram Finance has reported results for third quarter ended December 31, 2014.

The company has registered 13.42% rise in its net profit at Rs 80.64 crore for the quarter under review as compared to Rs 71.10 crore for the same quarter in the previous year. However, total income of the company has decreased 3.49% at Rs 516.44 crore for Q3FY15 as compared Rs 535.10 crore for the corresponding quarter previous year.

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.

 

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