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Magma Fincorp consolidated net profit rises 23.90% in the March 2015 quarter

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Capital Market

Sales rise 12.76% to Rs 624.59 crore

Net profit of Magma Fincorp rose 23.90% to Rs 52.25 crore in the quarter ended March 2015 as against Rs 42.17 crore during the previous quarter ended March 2014. Sales rose 12.76% to Rs 624.59 crore in the quarter ended March 2015 as against Rs 553.93 crore during the previous quarter ended March 2014.

For the full year,net profit rose 18.99% to Rs 180.67 crore in the year ended March 2015 as against Rs 151.83 crore during the previous year ended March 2014. Sales rose 12.32% to Rs 2354.78 crore in the year ended March 2015 as against Rs 2096.41 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales624.59553.93 13 2354.782096.41 12 OPM %62.3162.96 -61.9465.42 - PBDT81.9459.11 39 258.06230.86 12 PBT69.8951.16 37 223.49197.68 13 NP52.2542.17 24 180.67151.83 19

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First Published: May 08 2015 | 3:55 PM IST

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