Magma Housing Finance standalone net profit rises 115.33% in the March 2016 quarter

Sales rise 14.82% to Rs 124.43 crore

Net profit of Magma Housing Finance rose 115.33% to Rs 14.75 crore in the quarter ended March 2016 as against Rs 6.85 crore during the previous quarter ended March 2015. Sales rose 14.82% to Rs 124.43 crore in the quarter ended March 2016 as against Rs 108.37 crore during the previous quarter ended March 2015.

For the full year,net profit rose 115.19% to Rs 22.81 crore in the year ended March 2016 as against Rs 10.60 crore during the previous year ended March 2015. Sales rose 25.67% to Rs 239.65 crore in the year ended March 2016 as against Rs 190.70 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales124.43108.37 15 239.65190.70 26 OPM %72.4470.83 -72.8769.69 - PBDT23.1110.80 114 35.4616.49 115 PBT23.0110.75 114 35.3416.44 115 NP14.756.85 115 22.8110.60 115

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