Axis Securities: Non Gold Segment Weighs On Overall Performance Of Manappuram Finance
An agent weighs a gold necklace on a digital scale during the processing of a customer’s gold loan application in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Axis Securities: Non Gold Segment Weighs On Overall Performance Of Manappuram Finance

Manappuram Finance Ltd.’s Q1 FY21 performance was impacted by asset quality impairment in the non-gold business.Consolidated asset under management growth came in at 25.6% YoY and 0.5% QoQ led by 3...
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