Magma Fincorp consolidated net profit declines 69.74% in the December 2019 quarter

Sales decline 2.55% to Rs 609.06 crore

Net profit of Magma Fincorp declined 69.74% to Rs 22.39 crore in the quarter ended December 2019 as against Rs 73.99 crore during the previous quarter ended December 2018. Sales declined 2.55% to Rs 609.06 crore in the quarter ended December 2019 as against Rs 624.98 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales609.06624.98 -3 OPM %54.9065.06 -PBDT49.05128.89 -62 PBT29.55116.84 -75 NP22.3973.99 -70

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