MANAPPURAM Manappuram Finance Q2 FY25 results (Jul–Sep 2024) and concall
Manappuram Finance delivered a steady quarter led by its core gold loan business and strong growth in vehicle finance, despite significant regulatory headwinds. The primary concern is the RBI's ban on disbursements at its microfinance subsidiary, Asirvad, which management expects to resolve within 3-4 months. While asset quality in the MFI segment is under pressure due to climatic and geographic factors, the company maintained its consolidated credit cost guidance of 2%.
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What they filed
| Line item | Q2 FY25 |
|---|---|
| Revenue | 1,748 |
| Net profit | 475 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
