Manappuram Finance reports a 41% jump in quarterly profit, alongside a rise in net interest income, for the quarter ended June 30. The company says net interest income (NII) increases 31% to Rs 1,436 crore, compared with Rs 1,096 crore in the same period last year.
In addition to the profit and NII figures, NDTV reports that Ashish Singh is appointed as Managing Director and Chief Executive Officer. The coverage focuses on the strength of the earnings and the improvement in interest-related income, with the results framed as evidence of better performance versus the prior year quarter. No other differing angles or additional metrics are provided in the supplied excerpts.
