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Magma Fincorp standalone net profit rises 75.75% in the June 2018 quarter

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Capital Market

Sales rise 0.75% to Rs 533.46 crore

Net profit of Magma Fincorp rose 75.75% to Rs 51.46 crore in the quarter ended June 2018 as against Rs 29.28 crore during the previous quarter ended June 2017. Sales rose 0.75% to Rs 533.46 crore in the quarter ended June 2018 as against Rs 529.50 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales533.46529.50 1 OPM %58.4449.59 -PBDT89.8910.46 759 PBT77.81-2.33 LP NP51.4629.28 76

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First Published: Aug 24 2018 | 3:06 PM IST

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