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Manappuram Finance reported a mixed performance for the December quarter on January 29, with profitability coming under pressure even as topline growth remained steady.
The gold loan-focused NBFC posted a consolidated net profit of ₹381 crore for Q3, marking a 15.9% year-on-year decline from ₹453 crore in the same period last year. Net interest income (NII) remained largely flat, easing 0.9% year-on-year to ₹1,150 crore, compared with ₹1,161 crore a year earlier.
Revenue from operations, however, grew 6.5% year-on-year to ₹1,915.35 crore during the quarter, reflecting steady business momentum despite margin pressures.
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Ahead of the earnings announcement, shares of Manappuram Finance closed 1.17% higher at ₹295.10 on the NSE.
The board also declared an interim dividend of ₹0.50 per equity share of face value ₹2 each. The record date for determining eligible shareholders has been fixed as Friday, February 6, 2026.
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