Manappuram Finance Q1 Results: Profit soars four-fold to Rs 585 crore

Manappuram Finance has showcased a remarkable financial performance in the first quarter, with consolidated profits leaping to Rs 585 crore compared to the previous year's figures. The total income during this quarter rose to Rs 3,040 crore, while assets under management experienced a notable increase of 57 percent, reaching Rs 69,635 crore. The board has additionally declared an interim dividend of 50 percent.