Manappuram Finance announced that the Reserve Bank of India has lifted the restrictions imposed on Asirvad Micro Finance, subsidiary of the company, with respect to sanction or disbursal of loans with immediate effect. Powered by Capital Market - Live News

Manappuram Finance announced that the Board of Directors of the Company at its meeting held on 5 November 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Manappuram Finance rose 2.20% to Rs 570.65 crore in the quarter ended September 2024 as against Rs 558.37 crore during the previous quarter ended September 2023. Sales rose 21.86% to Rs 2633.10 crore in the quarter ended September 2024 as against Rs 2160.68 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2633.102160.68 22 OPM %66.1268.74 - PBDT839.25809.20 4 PBT772.66746.70 3 NP570.65558.37 2 Powered by Capital Market - Live News

Manappuram Finance will hold a meeting of the Board of Directors of the Company on 5 November 2024.Powered by Capital Market - Live News

Manappuram Finance announced that Fitch Ratings has affirmed India-based Manappuram Finance`s (MFIN) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at `BB-`. The Outlook is Stable. Powered by Capital Market - Live News