Manappuram Finance posted a net profit of Rs 138 crore for Q1FY26, down 75% from Rs 555 crore in the same quarter last year. Revenue from operations fell 9% year-on-year to Rs 2,262 crore. The gold loan business grew 10% YoY to Rs 1,904 crore, but the microfinance segment plunged over 53% to Rs 361 crore, dragging overall performance.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets