scorecardresearchManappuram Finance tanks 12% post results; here's what 3 brokerages have to say

Manappuram Finance tanks 12% post results; here's what 3 brokerages have to say

Updated: 19 May 2022, 03:13 PM IST
TL;DR.
The NBFC's net profit declined 44 percent year on year (YoY) to 261 crore in the Q4FY22 on account of subdued growth in gold loan AUM and lower NII. It had posted a profit of 468 crore in the year-ago period.
You don't need a credit score to apply for a gold loan. Even a student can take a loan who doesn't have an income proof such as a salary slip.

You don't need a credit score to apply for a gold loan. Even a student can take a loan who doesn't have an income proof such as a salary slip.