Business & Finance

Manappuram Finance Ltd reports a steady increase in its gold loan AUM by 30% to Rs 31,505 crores

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Valapad, Thrissur 31ST October 2025: Leading Non-Banking Financial Company, Manappuram Finance on Thursday reported a growth of 64.04% in its PAT to Rs 217 crore, registering a stellar rebound from the previous quarter’s (Q1FY26) Rs 132.47 crore.

For the quarter under consideration, the company recorded a 29.31% growth in its gold loan Assets under Management (AUM) to Rs 31,505.33 crore from Rs 24,365.07 crore in the same period of the previous financial year (Q2FY25). Sequentially, it grew 9.39% compared to Rs 28,801.66 crores of the previous quarter (Q1FY26). The compnay’s total AUM grew to Rs 45,789.42 crore. In the previous quarter (Q1FY26), it was Rs 44,304 crore.

Sequentially, the company’s gold holdings (in volume terms) also improved to 54.71 tonne from 54.62 tonne in Q1FY26. The company currently operates 5,351 branches across the country, almost same as that of the previous quarter. On standalone basis, the company’s gross NPA is 2.97 %, which shows the asset quality is better. Net NPA also stands at 2.56% for the quarter under review (Q2FY26).

“Our AUM has seen robust growth since the start of FY26, accompanied by improved income performance over last year. This reaffirms that we are firmly on track in strengthening and expanding our core businesses while driving greater operational efficiency. While the sector continues to face challenges, our robust fundamentals and forward-looking approach give us the confidence to sustain momentum and pursue stronger growth across all business verticals in the quarters ahead.” said Shri V. P. Nandakumar, Chairman and Managing Director Manappuram Finance.

Asham

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