Helped by consolidated AUM growth and yield expansion in its gold loan portfolio, Manappuram Finance reported decent numbers in the first quarter of 2022-23 on a sequential basis. However, increased provisions in the microfinance (MFI) business dragged the y-o-y performance. The PAT of Rs.282.1 crore grew 8.1% on a q-o-q basis but fell 35.4% on a y-o-y basis. The company has 5,000 branches located in 28 states and four union territories. It has