Manappuram Finance has reported a sharp rise of 134% (YoY) in its first quarter FY12 net profit. During the period, net profit of the company shot up to Rs 108 crore against Rs 46.2 crore in same quarter the last fiscal year.
Net sales too jumped 165% to Rs 493 crore from Rs 186 crore year-on-year.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP consultants Pvt Ltd
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