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CreditAccess Grameen consolidated net profit declines 24.87% in the June 2020 quarter

Capital Market 

Sales rise 64.50% to Rs 619.29 crore

Net profit of CreditAccess Grameen declined 24.87% to Rs 72.00 crore in the quarter ended June 2020 as against Rs 95.83 crore during the previous quarter ended June 2019. Sales rose 64.50% to Rs 619.29 crore in the quarter ended June 2020 as against Rs 376.46 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales619.29376.46 65 OPM %55.4272.99 -PBDT111.12151.40 -27 PBT100.46148.13 -32 NP72.0095.83 -25

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 01 2020. 18:26 IST
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