Magma Fincorp standalone net profit declines 2.59% in the June 2017 quarter

Sales decline 7.56% to Rs 470.04 crore

Net profit of Magma Fincorp declined 2.59% to Rs 39.07 crore in the quarter ended June 2017 as against Rs 40.11 crore during the previous quarter ended June 2016. Sales declined 7.56% to Rs 470.04 crore in the quarter ended June 2017 as against Rs 508.49 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales470.04508.49 -8 OPM %54.4361.43 -PBDT71.3765.95 8 PBT58.5855.18 6 NP39.0740.11 -3

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