Magma Fincorp Q4 profit at Rs 85 crore, driven by higher disbursements

Magma Fincorp on Wednesday reported a consolidated net profit of Rs 85.2 crore in Q4FY19, a 6.6% year-on-year growth. The profits rose on account of a 7.6% increase y-o-y in its total income and a fall in tax expenses. The net profit was `80 crore in Q4FY18.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/30pfqSL