Magma Fincorp standalone net profit rises 21.73% in the March 2016 quarter

Sales rise 0.91% to Rs 536.26 crore

Net profit of Magma Fincorp rose 21.73% to Rs 56.14 crore in the quarter ended March 2016 as against Rs 46.12 crore during the previous quarter ended March 2015. Sales rose 0.91% to Rs 536.26 crore in the quarter ended March 2016 as against Rs 531.43 crore during the previous quarter ended March 2015.

For the full year,net profit rose 25.55% to Rs 187.15 crore in the year ended March 2016 as against Rs 149.07 crore during the previous year ended March 2015. Sales rose 4.50% to Rs 2109.64 crore in the year ended March 2016 as against Rs 2018.77 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales536.26531.43 1 2109.642018.77 5 OPM %62.8462.38 -60.3861.62 - PBDT94.0471.40 32 305.31209.63 46 PBT85.1259.40 43 265.97175.11 52 NP56.1446.12 22 187.15149.07 26

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