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In a letter sent to the BSE and NSE on February 24, 2025, the company stated that it continuously explores various strategic and growth opportunities.
“We have taken note of the captioned news item, and confirm that currently there is no information which requires disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). As a general matter, the Company, as part of its business strategy, explores various strategic / growth opportunities in the best interest of its stakeholders, from time to time.”
However, it clarified that the current movement in the company’s stock price has not been influenced by any undisclosed events.
“The Company has promptly intimated the stock exchanges regarding all events and disclosed all information, that have a bearing on the operations/ performance of the Company, in accordance with Regulation 30 of the Listing Regulations as and when required, and will continue to do so in accordance with applicable law,” it added.
Manappuram Finance posted a net profit of ₹453.4 crore in Q3FY25, reflecting a 5.8% increase from ₹428.6 crore in the corresponding period last year. The company’s net interest income (NII) saw a healthier growth of 13.7% YoY, reaching ₹1,160.9 crore compared to ₹1,021.2 crore in Q3FY24.
The rise in NII indicates strong lending activity and improved interest spreads.
Shares of Manappuram Finance Ltd. ended 1.1% higher at ₹203.51 on the BSE today.
