Today's Trending News - Check this news to find out the quarter 4 performance of Manappuram in the financial year 2015-16. It shows its growth, net income and stock values.
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Manappuram Finance Hits 52 Weeks High
1. May 13, 2016 Amid weak Sensex and Nifty, today Manappuram Finance hits 52 weeks high,
after the stock posted great quarter 4 (Q4) figures for Financial Year (FY 2015-16).
The Stock shot up 20 percent today after Manappuram Finance reported mind blowing growth of
87 percent year on year (YoY) in consolidated net profit at Rs 131 crore for Q4 of FY2015-16.
In comparison company’s consolidated net profit was Rs 70 crores in Q4 FY2014-15.
Company’s Net Interest Income also grew 45 percent to Rs 417 crore in Q4 FY2014-15 from Rs
287 crore in the corresponding quarter of Previous Fiscal.
At 2 pm, the stock of Manappuram Finance was up 18.50 percent at Rs 49.65 on the National
Stock Exchange (NSE).
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