Magma Fincorp consolidated net profit declines 41.98% in the December 2020 quarter

Sales decline 3.24% to Rs 589.33 crore

Net profit of Magma Fincorp declined 41.98% to Rs 12.99 crore in the quarter ended December 2020 as against Rs 22.39 crore during the previous quarter ended December 2019. Sales declined 3.24% to Rs 589.33 crore in the quarter ended December 2020 as against Rs 609.06 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales589.33609.06 -3 OPM %49.8255.51 -PBDT30.9349.05 -37 PBT17.3629.55 -41 NP12.9922.39 -42

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