Magma Fincorp Q4 revenue up 54%

Magma Fincorp Limited (Magma), a non-deposit taking non-banking finance company (NBFC), on Thursday recorded a 54 per cent higher Q4 revenue. For the full year, the company saw a revenue of Rs 1,701.5 crore, up 58 per cent against the previous year.

On March 25, 2013 Lavender Investments Limited bought 2,265,885 shares of Magma Fincorp at Rs 85 on the BSE.

India April 09(IM):India Capital Fund Limited has submitted to the Exchange vide letter dated April 03, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 along with a copy of ...

Kolkata, May 9 : Asset finance company, Magma Fincorp Limited Thursday announced the quarter 4 and Financial Year 13 audited results that reflected strong growth in business, revenue and profits despite a sluggish economy.

Source: IRIS (09-MAY-13) Comments | Post Comment Magma Fincorp rose on Thursday after it announced surge of 85.27% in fourth-quarter profits from a year ago. It earned a profit of Rs 441.5 million for the quarter ended Mar. 31, 2013, compared with ...

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