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Magma Fincorp reports standalone net profit of Rs 79.16 crore in the March 2018 quarter

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Capital Market

Sales rise 16.27% to Rs 550.07 crore

Net profit of Magma Fincorp reported to Rs 79.16 crore in the quarter ended March 2018 as against net loss of Rs 102.49 crore during the previous quarter ended March 2017. Sales rose 16.27% to Rs 550.07 crore in the quarter ended March 2018 as against Rs 473.10 crore during the previous quarter ended March 2017.

For the full year,net profit rose 3219.51% to Rs 202.49 crore in the year ended March 2018 as against Rs 6.10 crore during the previous year ended March 2017. Sales rose 0.08% to Rs 1979.16 crore in the year ended March 2018 as against Rs 1977.67 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales550.07473.10 16 1979.161977.67 0 OPM %51.8313.79 -52.8248.16 - PBDT96.90-137.85 LP 318.7359.00 440 PBT84.13-150.09 LP 269.7510.71 2419 NP79.16-102.49 LP 202.496.10 3220

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First Published: May 10 2018 | 5:10 PM IST

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