Microfinance Business Boosts Manappuram’s March Quarter Profit
CEO V.P. Nandakumar expects Manappuram’s gold loan business to witness a 10 percent tonnage growth in 2019-20. (Photographer: Dhiraj Singh/Bloomberg)

Microfinance Business Boosts Manappuram’s March Quarter Profit

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Manappuram Finance Ltd.’s profit for the quarter-ended March rose by more than 43.3 percent year-on-year, boosted by performance in its microfinance subsidiary.The company maintained yields in Q4 a...
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