Manappuram Finance Ltd Share Price – NSE /  BSE

Finance, Small Cap

The NBFC's revenue from gold loans business stood at Rs 1,856.37 crore (up 20.76% YoY) and revenue from micro finance segment was at Rs 780.77 crore (up 22.60% YoY) during the period under review.

Consolidated profit before tax rose 3.46% year on year to Rs 772.55 crore in the quarter ended 30 September 2024.

Total expenses in Q2 FY25 was at Rs 1,864.41 crore, registering a growth of 30.62% YoY. Finance costs stood at Rs 905.71 crore (up 31.36% YoY) and impairment of financial instruments came in at Rs 260.42 crore (up 30.77% YoY) during the quarter.

On half-yearly basis, the NBFC’s consolidated net profit increased 6.73% to Rs 1,125.27 crore on 35.68% jump in total income to Rs 5,749.07 crore in H1 FY25 over H1 FY24.

Meanwhile, the company’s board declared an interim dividend of Rs 1 per equity share for FY25. The record date for the said dividend is fixed on 18 November 2024 and the dividend will be paid or dispatched on or before 4 December 2024.

Manappuram Finance is one of India's leading gold loan NBFCs.

Shares of Manappuram Finance fell 1.42% to currently trade at Rs 156.60 on the BSE.

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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.

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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.

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Magellanic Cloud Ltd, Elecon Engineering Company Ltd, Mahanagar Gas Ltd and Indraprastha Gas Ltd are among the other losers in the BSE's 'A' group today, 18 October 2024.

Manappuram Finance Ltd tumbled 13.25% to Rs 153.9 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 38.81 lakh shares were traded on the counter so far as against the average daily volumes of 2.79 lakh shares in the past one month.

Magellanic Cloud Ltd lost 12.35% to Rs 82. The stock was the second biggest loser in 'A' group.On the BSE, 15.33 lakh shares were traded on the counter so far as against the average daily volumes of 8.57 lakh shares in the past one month.

Elecon Engineering Company Ltd crashed 12.00% to Rs 634.8. The stock was the third biggest loser in 'A' group.On the BSE, 1.13 lakh shares were traded on the counter so far as against the average daily volumes of 40172 shares in the past one month.

Mahanagar Gas Ltd corrected 10.51% to Rs 1575.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.4 lakh shares were traded on the counter so far as against the average daily volumes of 29170 shares in the past one month.

Indraprastha Gas Ltd shed 10.21% to Rs 452.9. The stock was the fifth biggest loser in 'A' group.On the BSE, 4.41 lakh shares were traded on the counter so far as against the average daily volumes of 1.27 lakh shares in the past one month.

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