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Source: Outlook Business
Manappuram Finance posts Q4 net profit of 404 crore versus 191 crore loss a year ago, NII rises, declares 0.50 rupee interim dividend, shares gain 3.65 percent to 305.25
Gold loan financier Manappuram Finance Ltd on Monday (May 4) reported a consolidated net profit of ₹404 crore in the fourth quarter, compared with a loss of ₹191 crore in the same period last year. Net interest income (NII) rose 2.6% year-on-year to ₹1,504.3 crore from ₹1,465.6 crore earlier.
Also Read: Here's why Manappuram, Muthoot Finance shares fell up to 5% on Monday
Manappuram Finance has declared an interim dividend of ₹0.50 per equity share, equivalent to 25% on the face value of ₹2 per share. The company has fixed Monday, May 11, 2026, as the record date for determining shareholders eligible for the dividend.
Shares of Manappuram Finance Ltd ended at ₹305.25, up by ₹10.75, or 3.65%, on the BSE.
(This is a developing story. Check back for more details)
(Edited by : Jomy Jos Pullokaran )
Source: CNBC TV18
Source: Outlook Business