Manappuram Finance Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
MANAPPURAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 0.8 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Manappuram Finance announced unaudited Q1 FY26 results (quarter ended June 30, 2025) for both standalone and consolidated basis. On a consolidated basis, revenue from operations fell about 10% year-on-year to roughly Rs. 2,262 crore from Rs. 2,512 crore, and profit before tax plunged to Rs. 101.52 crore from Rs. 752.80 crore, dragged down by a Rs. 437 crore loss at its microfinance subsidiary Asirvad (versus a profit of Rs. 132 crore a year ago). On a standalone basis, the core gold-loan business held up better with profit after tax of Rs. 392 crore. The Board declared an interim dividend of Rs. 0.50 per share (25% on face value of Rs. 2), with the record date set as August 14, 2025. The Board also elevated Managing Director V.P. Nandakumar to Chairman effective August 28, 2025, replacing the retiring Dr. Shailesh Jayantilal Mehta, and announced several senior management changes. The joint statutory auditors gave an unmodified review conclusion.
The deep stress in the microfinance subsidiary is a significant concern for the consolidated picture, even as the core gold-loan business remains stable and continues to pay a dividend. Investors should watch Asirvad's trajectory closely; weak consolidated earnings could weigh on the stock despite the steady dividend and smooth leadership transition.