Manappuram Finance zooms on reporting 37% rise in Q2 consolidated net profit

15 Nov 2023 Evaluate

Manappuram Finance is currently trading at Rs. 151.70, up by 11.10 points or 7.89% from its previous closing of Rs. 140.60 on the BSE.

The scrip opened at Rs. 152.35 and has touched a high and low of Rs. 154.65 and Rs. 150.00 respectively. So far 2518802 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 156.55 on 04-Sep-2023 and a 52 week low of Rs. 101.15 on 27-Feb-2023.

Last one week high and low of the scrip stood at Rs. 154.65 and Rs. 134.25 respectively. The current market cap of the company is Rs. 12844.65 crore.

The promoters holding in the company stood at 35.20%, while Institutions and Non-Institutions held 39.32% and 25.48% respectively.

Manappuram Finance has reported 20.42% rise in its net profit at Rs 419.91 crore for the second quarter ended September 30, 2023 (Q2FY24) as compared to Rs 348.71 crore for the same quarter in the previous year. Total income of the company increased by 16.29% at Rs 1,456.42 crore for Q2FY24 as compared to Rs 1,252.36 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 36.91% rise in its net profit at Rs 560.65 crore for Q2FY24 as compared to Rs 409.49 crore for the same quarter in the previous year. Total income of the company increased by 26.83% at Rs 2,174.02 crore for Q2FY24 as compared to Rs 1,714.12 crore for the corresponding quarter previous year.

Manappuram Finance Share Price

181.20 -2.45 (-1.33%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
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