Manappuram Finance had logged a standalone net profit of ₹441 crore in the year ago period.
Manappuram Finance Ltd (MFL) reported a 11 per cent year-on-year (y-o-y) drop in its first quarter standalone net profit at ₹392 crore as total income grew at a slower pace when compared to total expenses.
The gold loan company had logged a standalone net profit of ₹441 crore in the year ago period.
Total income grew about 7.60 per cent y-o-y to ₹1,745 crore. Total expenses, including employee expenses and provisions for bad debts, rose about 16 per cent to ₹1,219 crore.
Assets under management in the gold loan segment was up 22.4 per cent y-o-y at ₹27,691 crore as on June-end 2025. Average gold loan ticket size increased to ₹75,700 (from ₹62,100 in Q1 FY25). Quarterly loan-to-value ratio was lower at 57 per cent (60 per cent).
Overall, standalone AUM (including gold loan, vehicle financing, onlending and MSME and others) increased by 15 per cent to ₹35,698 crore.
Gross non-performing assets (NPAs) and net NPAs rose to 3 per cent (2 per cent) and 2.6 per cent (1.7 per cent), respectively.
Published on August 8, 2025
