Manappuram Finance Q1 Net Profit Surges 341% to ₹585 Crore

Manappuram Finance Ltd reported a significant surge in its consolidated net profit for the quarter ended June 30, 2026 (Q1 FY27), with a 341.40% year-on-year increase to ₹585 crore, up from ₹132 crore in the prior year period. The company's Assets Under Management (AUM) also saw robust growth, rising 57.20% YoY to ₹69,635 crore. Gold loan AUM specifically grew by 97.9% to ₹57,006 crore. Income from operations increased by 34.1% YoY to ₹3,033 crore, and Net Interest Income (NII) grew 25% YoY to ₹1,759 crore. The company highlighted operational efficiency, cost reduction, digitalization, and expansion into new markets as key drivers of this performance, with its subsidiary Asirvad Microfinance returning to profitability.