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Magma Fincorp consolidated net profit declines 61.45% in the September 2019 quarter

Capital Market 

Sales rise 6.44% to Rs 662.79 crore

Net profit of Magma Fincorp declined 61.45% to Rs 29.53 crore in the quarter ended September 2019 as against Rs 76.60 crore during the previous quarter ended September 2018. Sales rose 6.44% to Rs 662.79 crore in the quarter ended September 2019 as against Rs 622.66 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales662.79622.66 6 OPM %58.1260.13 -PBDT60.36116.37 -48 PBT40.77103.92 -61 NP29.5376.60 -61

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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, November 09 2019. 16:37 IST
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