Manappuram Finance reports ₹626m Q4 loss amid leadership change

Manappuram Finance Limited reported consolidated assets under management of ₹43,034 crore, up 2.3% year-over-year, with consolidated net profit of ₹1,204 crore. The gold loan business contributed 84% of consolidated revenue.

However, the microfinance segment faced challenges, with subsidiary Asirvad Micro Finance Limited posting a Q4 loss of ₹626 crore despite managing ₹7,207 crore in assets.

Deepak Reddy joined as chief executive on August 1, 2025. The company also announced Bain Capital's proposed acquisition of a joint control stake, pending regulatory approvals.