The company's profit in the year-ago period stood at Rs 223.99 crore.
Manappuram Finance on Wednesday reported 82 percent jump in net profit at Rs 407.65 crore for the quarter ended September 30, 2019. The company's profit in the year-ago period stood at Rs 223.99 crore.
Total income rose to Rs 1,334.09 crore during the quarter under review from Rs 1,027.51 crore in the same period of 2018-19, Manappuram Finance said in a regulatory filing.
The company's board approved raising up to USD 750 million (around Rs 5,322.75 crore) or less in one or more tranches through a medium term note programme.
It also declared an interim dividend of 55 paise per equity share.Manappuram Finance stock closed at Rs 167.55 on BSE, down 0.33 percent from the previous close.Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.