MANAPPURAM’S Q3 NET PROFIT RS 575 CRORE, REGISTERS 46% INCREASE Y-O-Y

Valapad (Thrissur): Manappuram Finance Ltd reported a consolidated net profit of ₹575 crore in its third quarter results for FY24, an increase of 46% over corresponding Q3 FY23 of ₹394 crore and a sequential increase of 2.6% over the preceding quarter. The NBFC’s consolidated assets under management (AUM) for Q3 stood at Rs 40,385 crore, registering an increase of 27% over the corresponding quarter of FY23 and up by 3.7% q-o-q. Net profit in the quarter for the standalone entity (which excludes subsidiaries) was reported

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