First Quarter where IIFL Finance TTM PAT has surpassed Manapurram’s TTM PAT…
Industry mapping is extremely important for this reason. Given lower yield gold loans of IIFL and multiple segments they have like Affordable housing, Mfin etc. Quite surprising to see it surpass in a short span.
Disappointed how Manappurams business has evolved over the years. Had plenty of time to diversify.
Disclaimer: Holding IIFL Finance for over a year. Switching from Manappuram to this, now in hindsight seems to be the correct call.
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