Magma Fincorp standalone net profit declines 17.69% in the September 2016 quarter

Sales decline 4.14% to Rs 504.79 crore

Net profit of Magma Fincorp declined 17.69% to Rs 39.04 crore in the quarter ended September 2016 as against Rs 47.43 crore during the previous quarter ended September 2015. Sales declined 4.14% to Rs 504.79 crore in the quarter ended September 2016 as against Rs 526.57 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales504.79526.57 -4 OPM %59.0660.30 -PBDT71.5078.86 -9 PBT59.8468.70 -13 NP39.0447.43 -18

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