Magma Fincorp has reported results for third quarter ended December 31, 2018.
The company has reported a rise of 82.68% in its net profit at Rs 66.57 crore for the quarter under review as compared to Rs 36.44 crore for the same quarter in the previous year. Total income of the company increased by 8.00% at Rs 571.24 crore for Q3FY19 as compared Rs 528.93 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 65.01% in its net profit at Rs 73.99 crore for the quarter under review as compared to Rs 44.84 crore for the same quarter in the previous year. Total income of the company increased by 9.49% at Rs 633.92 crore for Q3FY19 as compared Rs 578.98 crore for the corresponding quarter previous year.
