Manappuram reports lower profits, strong gold loan growth
pre-market1 source ↓written by the desknot a recommendation
Manappuram Finance reported lower consolidated profits year-over-year in Q3 FY26, despite a robust performance in its gold loan segment. The company declared an interim dividend, while maintaining asset cover for its NCDs. Microfinance operations faced a segment loss, indicating challenges in that area.
This performance highlights the strength of gold loans as a revenue driver, which may influence investor sentiment in the near term.
Not investment advice. For informational purposes only.