Manappuram declares Q1 Results- Net Profit up by 34.3%

Manappuram Finance Ltd. has declared improved first quarter results. Consolidated Net profit for the quarter ended June 30, 2015 is reported at Rs. 59.30 crore, an increase of 34.3 percent compared to Rs.44.15 crore recorded in Q1 of the previous fiscal year. Total consolidated operating income during the quarter registered an increase to Rs. 539.04 crore as against Rs. 456.57 crore reported in Q1 of the previous fiscal year. The company’s consolidated Assets under Management (AUM) stood at Rs. 10,105 crore.