VERIFIEDMint Markets·12 Aug 2026neutral

Manappuram Finance pushes the pedal on gold loans as other businesses lose sheen

AI Summary

·Manappuram Finance's Q1 profit saw a rebound, driven by a significant increase in gold loan Assets Under Management (AUM).
·The company's non-gold businesses experienced muted performance during the same period.
·Factors such as increasing competition and regulatory changes may impact Manappuram Finance's future growth.