Manappuram Finance's Turnaround: From Loss to Profit

Manappuram Finance reported a profit of Rs 405 crore in the January-March quarter of FY26, marking a reversal from a loss in the previous year. Interest income and total revenues also increased, while the company declared an interim dividend. Shares on BSE rose by 3.65 per cent.

Manappuram Finance has announced a profit of Rs 405 crore for the January-March quarter of the financial year 2026, a significant turnaround from a loss of Rs 203 crore during the same period last year.

The company's interest income climbed to Rs 2,513 crore, as compared to Rs 2,301 crore in the previous year's quarter, according to the firm's regulatory filing. Furthermore, Manappuram Finance declared an interim dividend of Rs 0.50 per equity share.

Total revenues for the March quarter were reported at Rs 2,614 crore, up from Rs 2,361 crore the previous year. However, for the full fiscal year 2025-26, the company's profit dropped by 17.5 per cent to Rs 993 crore. Despite this, shares of the company saw a rise of 3.65 per cent, closing at Rs 305.25 on the BSE.