VP Nandakumar, MD & CEO, Manappuram Finance
Manappuram Finance has registered 299.2 per cent year-on-year growth in its consolidated profit after tax at ₹405 crore in Q4 of FY26. The assets under management grew 22.4 per cent to ₹63,798 crore.
In Q4, the gold loan AUM reached ₹50,953 crore. The total AUM for the full fiscal year was ₹63,798 crore compared to ₹43,034 crore in FY25.
Asirvad Microfinance business reported a profit of ₹13 crore in the quarter.
In Q4, the company’s income from operations grew 10.7 per cent to ₹2,614 crore, while in the same quarter of the previous fiscal year (Q4 FY25), it was ₹2,361 crore. Profit After Tax (before OCI & minority interest) was ₹405 crore compared to loss of ₹203 crore reported in the same quarter of the previous fiscal year (Q4 FY25).
Headwinds in Q4
VP Nandakumar, Chairman and Managing Director, Manappuram Finance, said: “During the fourth quarter of FY26, the company has performed well amidst various domestic as well as external headwinds. The quarter was marked by high gold prices, geopolitical tensions, supply-chain disruptions, slowing economic growth and volatile equity market. However, the company has registered a remarkable growth during the period, which is clearly reflected in AUM growth. Our core business of gold loan recorded a good growth, majorly supported by growing credit demand and elevated gold prices. Asset quality also improved considerably, showing a significant fall in the NPA ratio.”
Published on May 5, 2026
