Manappuram Finance Limited Announces Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2019
May 15, 2019 at 07:09 am EDT
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Manappuram Finance Limited announced audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2019. For the quarter, on standalone basis, the company reported total revenue from operations of INR 8,907.180 million compared with INR 7,505.063 million for the same period a year ago. Total income was INR 8,925.650 million compared with INR 7,533.598 million for the same period a year ago. Profit for the period was INR 2,135.719 million or INR 2.53 per diluted share compared with INR 1,668.790 million or INR 1.97 per diluted share for the same period a year ago. Basic earnings per share was INR 2.54 compared to INR 1.99 a year ago.
For the full year, on standalone basis, the company reported total revenue from operations of INR 34,181.990 million compared with INR 29,267.893 million for the same period a year ago. Total income was INR 34,271.8 million compared with INR 29,532.952 million for the same period a year ago. Profit for the year was INR 7,904.563 million or INR 9.37 per diluted share compared with INR 6,895.917 million or INR 8.17 per diluted share for the same period a year ago. Basic earnings per share was INR 9.38 compared to INR 8.19 a year ago.
For the quarter, on consolidated basis, the company reported total revenue from operations of INR 10,848.607 million compared with INR 8,867.656 million for the same period a year ago. Total income was INR 11,033.215 million compared with INR 9,012.056 million for the same period a year ago. Profit for the period was INR 2,583.365 million or INR 3.06 per diluted share compared with INR 1,806.133 million or INR 2.14 per diluted share for the same period a year ago. Basic earnings per share was INR 3.07 compared to INR 2.15 a year ago.
For the full year, on consolidated basis, the company reported total revenue from operations of INR 41,163.181 million compared with INR 34,207.599 million for the same period a year ago. Total income was INR 41,788.363 million compared with INR 34,791.892 million for the same period a year ago. Profit for the year was INR 9,294.849 million or INR 11.01 per diluted share compared with INR 6,764.774 million or INR 8.02 per diluted share for the same period a year ago. Basic earnings per share was INR 11.03 compared to INR 8.03 a year ago.
Manappuram Finance Limited is an India-based non-banking financial company (NBFC). The Company provides credit services to people belonging to the lower socio-economic classes, particularly in rural and semi-urban areas of India. Its segments include Gold loan and others, and Micro Finance. The Company offers a range of retail credit products and financial services. The Company has a diversified lending portfolio encompassing retail, microfinance, small and medium-sized enterprises (SME) and commercial customers. Its products include online gold loan, gold loan, business loan, personal loan(secured), doorstep gold loan, forex and money transfer, vehicle loan, digital personal loan, micro home finance, other loans, other services, restaurant finance, loan to food industry and small-scale industries finance. It is engaged in providing microfinance industry (MFI) loans, such as income generating program (IGP) loan; product loan; micro, small and medium enterprises loan, and gold loan.
MANAPPURAM FINANCE LIMITED 
