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Magma Fincorp consolidated net profit rises 3.68% in the September 2016 quarter

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Capital Market

Sales decline 2.68% to Rs 598.78 crore

Net profit of Magma Fincorp rose 3.68% to Rs 50.41 crore in the quarter ended September 2016 as against Rs 48.62 crore during the previous quarter ended September 2015. Sales declined 2.68% to Rs 598.78 crore in the quarter ended September 2016 as against Rs 615.26 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales598.78615.26 -3 OPM %60.5659.94 -PBDT88.2983.22 6 PBT76.5873.05 5 NP50.4148.62 4

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First Published: Nov 04 2016 | 9:26 AM IST

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