Shares of Manappuram Finance rose about 3 per cent after the lender reported a sharp improvement in its first-quarter performance. Consolidated profit for the quarter ended June 30, 2026, reached ₹585 crore.
That compares with ₹132 crore in the same period a year earlier, representing a more than fourfold increase. Growth in the gold-loan book also drew attention, with assets under management nearly doubling and supporting a positive market reaction.
Source: Business Standard. This report is an original summary based on the cited source.
