The announcement was made after market hours yesterday.
Manappuram Finance is one of Indias leading gold loan NBFCs. It has 4637 branches (includes branches of subsidiary companies) across 28 states/UTs with assets under management (AUM) of Rs. 272.24 billion.
On a consolidated basis, the companys net profit skid fell 8.8% to Rs 369.88 crore on 1.5% decline in total income to Rs 1,554.42 crore in Q2 September 2021 over Q2 September 2020.
Shares of Manappuram Finance were down 1.15% at Rs 168.35.
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