Business Daily from THE HINDU group of publications
Sunday, Feb 03, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Sunday, Feb 03, 2008 ePaper | Mobile/PDA Version |
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Corporate Results
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NBFCs Manappuram Finance net up 51% Our Bureau Kochi, Feb. 2 Manappuram General Finance has reported a 51 per cent growth in net profit to Rs 4.72 crore for the third quarter of the current fiscal. Income from operations grew by 78 per cent to Rs 21.4 crore, while profit before tax was up by 52 per cent to Rs 7.19 crore. Earnings per share after the 1:1 post-bonus equity on the 55 lakh shares was Rs 12, a press release from the company said. The results were announced by Mr V.P. Nandakumar after the board meeting of the company. The net profit has grown by 114 per cent during the first nine months to Rs 13.27 crore (Rs 6.2 crore). Recently, Manappuram infused private equity totalling Rs 46.8 crore from two Mauritius-based companies. More Stories on : NBFCs
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