Manappuram Finance Keeps People Interested!
On February 14, shares of Manappuram Finance are in the spotlight after the company reported that it made a lot more money from loans. Their net interest income (NII) rose by 13.7% compared to last year. In the third quarter of the financial year 2025 (Q3FY25), this income hit Rs 1,161 crore, up from Rs 1,021 crore a year ago.
The company is also doing well financially, with their profit after tax (PAT) increasing by 5.8% year-over-year. In Q3FY25, their profits reached Rs 453 crore, compared to Rs 429 crore last year.
Additionally, Manappuram Finance’s pre-provisioning operating profit (PPOP), which shows how much money they make before setting aside for bad loans, jumped a big 15.5% to Rs 680 crore in Q3FY25, up from Rs 589 crore last year.
The company announced they will give a small interim dividend of Re 1 to their shareholders. The record date to receive this dividend is February 21, and it will be paid out by March 14.
In terms of their different loan types, Manappuram’s gold loans made them Rs 1,897.17 crore, which is a 17.2% increase from Rs 1,618.71 crore last year. However, their microfinance segment didn’t do as well, making Rs 665.46 crore, which is down 6% from Rs 707.97 crore last year.
Looking at the share price, Manappuram Finance’s stock has grown by 9.25% over the past year, and it’s up 1.52% this year. Though it dropped by 6.30% over the last six months, it has bounced back with a strong growth of 23.10% in the last three months. On Thursday, the shares closed at Rs 194.25, showing a rise of 1.3%.
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