Magma Fincorp consolidated net profit rises 28.85% in the September 2020 quarter

Sales decline 10.40% to Rs 593.87 crore

Net profit of Magma Fincorp rose 28.85% to Rs 38.05 crore in the quarter ended September 2020 as against Rs 29.53 crore during the previous quarter ended September 2019. Sales declined 10.40% to Rs 593.87 crore in the quarter ended September 2020 as against Rs 662.79 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales593.87662.79 -10 OPM %56.7458.80 -PBDT64.4660.36 7 PBT50.4340.77 24 NP38.0529.53 29

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