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Magma Fincorp consolidated net profit declines 3.25% in the September 2017 quarter

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Capital Market

Sales decline 11.27% to Rs 531.29 crore

Net profit of Magma Fincorp declined 3.25% to Rs 48.77 crore in the quarter ended September 2017 as against Rs 50.41 crore during the previous quarter ended September 2016. Sales declined 11.27% to Rs 531.29 crore in the quarter ended September 2017 as against Rs 598.78 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales531.29598.78 -11 OPM %56.7160.56 -PBDT91.3888.29 3 PBT79.6876.58 4 NP48.7750.41 -3

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First Published: Dec 02 2017 | 3:10 PM IST

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