Manappuram Finance Reports ₹405 Crore Profit in Q4, Declares ₹0.50 Dividend
Manappuram Finance Swings to Profit in Q4 FY26
Manappuram Finance, a leading gold loan financier, has reported a profit of ₹404.79 crore in the January-March period of the financial year 2025-26 (FY26). This is a significant improvement from a loss of ₹203.17 crore in the same period a year ago. On a quarter-on-quarter (QoQ) basis, the profit rose 69% from ₹238.55 crore in the December quarter.
The total revenue from operations came in at ₹2,613.83 crore in Q4FY26, up 10% year-on-year over ₹2,360.94 crore posted in the corresponding period last year. On a sequential basis, the figure was also higher by 10% from ₹2,354 crore posted in Q3FY26.
| Quarter | Revenue from Operations (₹ crore) | YoY Growth |
|---|---|---|
| Q4 FY26 | ₹2,613.83 | 10% |
| Q3 FY26 | ₹2,354 | - |
| Q4 FY25 | ₹2,360.94 | - |
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
The net interest income (NII) remained largely unchanged at ₹1,404 crore in the quarter under review from ₹1,406 crore in the year-ago quarter. However, the company saw strong growth in gold loans amid a sharp rise in the prices of the yellow metal. Gold loans surged to ₹2,331 crore, recording an over two-fold jump compared with ₹990.43 crore in the same period last year.
| Segment | Revenue (₹ crore) | YoY Growth |
|---|---|---|
| Gold Loans | ₹2,331 | 136% |
| Micro Finance | ₹294 | -78% |
The micro finance segment's revenue declined dramatically to ₹294 crore from ₹1,372 crore on a year-on-year (YoY) basis. Manappuram Finance also declared an interim dividend of ₹0.50 per share of the face value of ₹2 each. The company has fixed Monday, May 11, as the record date to identify shareholders eligible to receive the said dividend.
Shares of Manappuram Finance have remained on firm ground, surging 19.50% in a month and 4% in three months. However, on a year-to-date (YTD) basis, it has declined 3%. On a longer time frame of a year, the gold loan financier's stock has seen a sharp 32% increase, as against a fall of 4% in the BSE barometer Sensex. In two years, it has risen 55%, and in three years, the stock has emerged as a multibagger with a massive 156% increase. Ahead of the earnings announcement, Manappuram Finance stock ended at ₹305.25, up 3.65% on the BSE.
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Investor Takeaway
Manappuram Finance reported a ₹405 crore profit in Q4, with a 10% year-on-year increase in total revenue from operations.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Indian Stocks to Watch: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange, Lenskart Solutions in Market Focus on June 4.
