Manappuram Finance Q2 net jumps 41 pc to Rs 224 crore
- Country:
- India
Manappuram Finance Tuesday reported 41 per cent jump in consolidated net profit at Rs 224 crore for the quarter ended September 30, 2018.
The company's net profit during July-September, 2017-18 stood at Rs 159.25 crore.
Total income during the reported period went up to Rs 1,027.52 crore as against Rs 840.13 crore in year-ago quarter, the company said in a regulatory filing.
On standalone basis, the net profit stood at Rs 193.80 crore during the reported quarter, up from Rs 170.71 crore in year-ago period.
Standalone income rose to Rs 850.87 crore from Rs 717.99 crore.
The company also declared an interim dividend of 55 paise per equity share of Rs 2 each.
Stock of the company closed 2.25 per cent down at Rs 82.60 on BSE.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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