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Magma Fincorp consolidated net profit declines 3.69% in the June 2017 quarter

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Sales decline 9.34% to Rs 549.23 crore

Net profit of Magma Fincorp declined 3.69% to Rs 45.15 crore in the quarter ended June 2017 as against Rs 46.88 crore during the previous quarter ended June 2016. Sales declined 9.34% to Rs 549.23 crore in the quarter ended June 2017 as against Rs 605.84 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales549.23605.84 -9 OPM %54.9461.18 -PBDT80.7976.17 6 PBT67.9465.36 4 NP45.1546.88 -4

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First Published: Aug 02 2017 | 5:10 PM IST

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