Manappuram Finance has reported results for second quarter ended September 30, 2015.
The company has reported 22.52% fall in its net profit at Rs 59.22 crore for the quarter ended September 30, 2015 as compared to Rs 76.43 crore for the same quarter in the previous year. However, the company’s total income has increased by 3.12% to Rs 520.32 crore for the quarter under review from Rs 504.58 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 17.64% fall in its net profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 63.03 crore for the quarter ended September 30, 2015 as compared to Rs 76.53 crore for the same quarter in the previous year. However, total income of the company has increased by 10.26% at Rs 556.60 crore for quarter under review as compared to Rs 504.79 crore for the quarter ended September 30, 2014.
