Magma Fincorp net profit declines 20.12% in the June 2014 quarter

Sales rise 4.77% to Rs 470.65 crore

Net profit of Magma Fincorp declined 20.12% to Rs 34.63 crore in the quarter ended June 2014 as against Rs 43.35 crore during the previous quarter ended June 2013. Sales rose 4.77% to Rs 470.65 crore in the quarter ended June 2014 as against Rs 449.23 crore during the previous quarter ended June 2013. ParticularsQuarter EndedJun. 2014Jun. 2013% Var.Sales470.65449.23 5 OPM %62.7069.94 -PBDT44.7467.46 -34 PBT37.8858.82 -36 NP34.6343.35 -20

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