Consolidated AUM of the NBFC at Rs73,303 crore, growth of 60.1 % year on year
FinTech BizNews Service
Mumbai, 12 November, 2026: Manappuram Finance Ltd, a leading non-banking financial company (NBFC), today announced its unaudited financial results for the quarter and half-year ended September 30, 2026 (Q2FY27 and H1FY27). The gold loan NBFC reported a 222.90% year-on-year (YoY) growth in consolidated net profit to Rs701 crore. In the same quarter of the previous fiscal year (Q2FY26), consolidated net profit stood at Rs217 crore.
For the quarter under consideration, the consolidated revenue from operations grew 46.2% YoY to Rs3,356 crore, compared with Rs2,296 crore in Q2FY26. Consolidated assets under management (AUM) as on September 30, 2026 grew 60.1% YoY to Rs73,303 crore. Gold loan AUM stood at Rs60,640 crore, a growth of 92.5% YoY. Non-gold loan businesses accounted for 17.27% of consolidated AUM.
The gold tonnage for Q2 was 70 tonnes and it grew year on year to 22 %. For the quarter under consideration, the customer base grew by 2.3% sequentially to 46.9 lakh customers.
Asirvad Micro Finance Ltd, the company’s microfinance subsidiary, reported a profit of Rs32 crore for the quarter, with AUM of Rs7,919 crore as on September 30, 2026.
For the half-year ended September 30, 2026 (H1FY27), consolidated net profit stood at Rs1,286 crore, compared with Rs350 crore in H1FY26, while consolidated revenue from operation stood at Rs6,403 crore, against Rs4,546 crore in H1FY26.
On a consolidated basis, the company’s branch network stood at 5,375 as on September 30, 2026.
The Board of Directors has declared an interim dividend of Rs1 per equity share of face value Rs2 each for FY27.
Mr V.P. Nandakumar, Chairman and Managing Director, Manappuram Finance Ltd, said: “In Q2, we have delivered strong growth in profitability and AUM. The year-on-year growth in consolidated net profit sets a strong tone for the coming quarters. Our subsidiaries have also shown improved performance on a year-on-year basis. Looking ahead, the outlook for the gold loan business remains positive as we continue to strengthen the business to navigate future challenges. We are confident of achieving our targets for this fiscal year.”
