Manappuram Finance Trading Flat Ahead of Q4 Results; Reports Surprise Loss
Shares of
MANAPPURAM
traded flat on Monday ahead of its Q4 FY25 results, which revealed a sharp downturn. The company reported a net loss of ₹203.2 crore, a stark contrast to a ₹563.5 crore profit in the same quarter last year. Net interest income also declined by 6.7% year-on-year to ₹1,464.4 crore. A major hit came from a steep 389.4% rise in impairment on financial instruments, which surged to ₹919.2 crore. The disappointing numbers have raised concerns about asset quality and earnings visibility. Investors will now watch closely for management commentary on recovery strategies and outlook in the upcoming quarters.
Disclaimer: This post is for informational purposes only and does not constitute investment advice.