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Magma Fincorp net profit declines 6.51% in the December 2013 quarter

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Capital Market

Sales rise 12.27% to Rs 455.33 crore

Net profit of Magma Fincorp declined 6.51% to Rs 30.86 crore in the quarter ended December 2013 as against Rs 33.01 crore during the previous quarter ended December 2012. Sales rose 12.27% to Rs 455.33 crore in the quarter ended December 2013 as against Rs 405.55 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales455.33405.55 12 OPM %66.4668.60 -PBDT45.9657.46 -20 PBT38.2748.76 -22 NP30.8633.01 -7

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First Published: Feb 01 2014 | 11:02 AM IST

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