India Business News: Manappuram Finance Ltd, a gold financing company, has reported a 37% rise in second-quarter profit, exceeding analyst expectations. The company's net
The gold financing company said its profit rose 14.3% to 9.91 billion rupees ($119.00 million) for the quarter ended Sept 30, missing analysts expectation of 10.41 billion rupees, according to LSEG data.
Landmark Cars: The auto reseller, which was listed last December, said total expenses fell nearly 9% to 7.55 billion rupees. A fall in the purchase of cars and spares, which constitute the bulk of costs, pushed expenses down. The decline in costs outpaced revenue from operations, which fell 9.6% to 7.71 billion rupees.