• Q1 FY25-26 Consolidated Gold Loan Portfolio Up 21.8% To ₹28,801.66Cr

Valapad, Thrissur / Mumbai : Leading Non-Banking Financial Company, Manappuram Finance Ltd announced its Q1 2025-26 results on Friday. During the quarter under review, the company’s consolidated gold loan portfolio rose by whopping 21.8% to touch ₹28,801.66 crore as compared to ₹ 23,647.34 crore in the first quarter of FY25. The number of live gold loan customers in Q1 FY26 stood at 24.4 million nearly same as in the comparable quarter of FY25.

During the first quarter of FY26, the company’s standalone Assets Under Management (AUM) rose over 15% to ₹ 35,698 crore as compared to ₹ 31,035 crore in comparable quarter of FY25. The company’s consolidated Assets Under Management (AUM) for the quarter under review stood at ₹44,304.17 crore, slightly lower than the comparable quarter at ₹ 44,932.34 crore.

The company reported a consolidated net profit of ₹ 132.48 crore in the first quarter of the FY26 while its standalone PAT (before OCI) for the quarter stood at ₹392.11 crore.

During the quarter under review, the company reported a consolidated income from operations of ₹2,262.39 crore, representing around 9% decline year-on-year. In Q1 of FY 2024–25, it had reported ₹ 2,488.88 crore.

The commercial vehicle loans division ended the AUM of ₹ 4,492 crore, registering a slight decline at ₹ 4,541 year-on-year basis while maintaining good credit discipline.

Commenting on the result, Shri V. P. Nandakumar, Managing Director Manappuram Finance Ltd said, “We began FY26 on a very positive note driven by a number of steps taken by us to streamline operations and to make the company more efficient. During the quarter, we delivered solid growth in our core segments—particularly gold loans and secured MSME lending—while taking measured steps to navigate ongoing challenges in the microfinance and unsecured lending portfolios.”

During the quarter, Manappuram appointed respected industry veteran Mr Deepak Reddy as its new Chief Executive Officer. Mr Reddy is widely recognised for his exceptional leadership and As CEO Mr Reddy is responsible for steering the company through the next phase of growth and innovation, including strengthening the company’s core businesses.