Magma Fincorp Ltd

Type: Company

Name: Magma Fincorp Ltd

First reported May 17 2013 - Updated May 17 2013 - 1 reports

"Webby Awards" honors Grandmother India Design Agency

Grandmother India Design, Pvt., Ltd (GMI) announced the addition of another award for their work with “Magma Fincorp”. The design agency has won the title of “Official Honoree” at the 17th annual Webby Awards in the Financial Services/Banking category ... [Published MediaMughals - May 17 2013]

Entities: India, Magma Fincorp Ltd, TARGET AUDIENCE, Value Proposition

First reported May 15 2013 - Updated May 15 2013 - 1 reports

PE-backed NBFCs post mixed results

KKR & IFC-backed Magma Fincorp and Shriram Transport Finance Company, which is backed by a string of PE firms, managed to buck the trend.Public-listed non-banking finance companies (NBFCs), which are backed by private equity investors, reported mixed ... [Published VC Circle - May 15 2013]

Entities: Magma Fincorp Ltd, Shriram Transport Finance Company Ltd, Muthoot Finance Ltd

First reported May 12 2013 - Updated May 12 2013 - 1 reports

Magma Fincorp Board recommends Dividend of Rs. 0.80 for 2012-13

The Board of Directors of Magma Fincorp Ltd at its meeting held on May 08, 2013, have proposed, dividend on Equity Shares @ 40% i.e. Re. 0.80 per Equity Share of the face value of Rs. 2/- each and dividend on preference shares, subject to the approval ... [Published Equity Bulls - May 12 2013]

Entities: Magma Fincorp Ltd, Dividend, Face value, Preferred Shares

First reported May 09 2013 - Updated May 10 2013 - 2 reports

HDI Gerling Industrie Versicherung AG

Magma HDI General expects to breakeven by 2015

The private general insurer has collected premiums worth Rs. 950 million in the last five-six months Kolkata-based Insurance on Thursday said that it expects to breakeven by March 2015, according to a media report. âstarted its operations from 1 October ... [Published India Infoline - May 10 2013]

Entities: Magma Fincorp Ltd, HDI Gerling Industrie Versicherung AG, Joint Venture

First reported May 10 2013 - Updated May 10 2013 - 1 reports

BSE Sensex

Magma Fincorp extends post result rally

Magma Fincorp rose 1.68% to Rs 96.75 at 11:13 IST on BSE, with the stock extending Thursday's 8.18% rally triggered by the company reporting strong Q4 earnings. Meanwhile, the S&P BSE Sensex was up 65.63 points or 0.33% at 20,004.67.On BSE, 21,000 shares ... [Published India Infoline - May 10 2013]

Entities: Magma Fincorp Ltd, Net Profit, Stocks, Commercial Vehicle, BSE Sensex

First reported May 09 2013 - Updated May 10 2013 - 5 reports

Magma Fincorp eyes 30% loan growth

Calcutta, May 9: Non-banking financial firm Magma Fincorp is eyeing a 30 per cent growth in its loan book in 2013-14, Sanjay Chamria, vice-chairman and managing director of Magna Fincorp, today said in Mumbai. The firm is also looking to improve its net ... [Published Calcutta Telegraph - May 10 2013]

Entities: Magma Fincorp Ltd, Net Profit, GE Money

First reported May 09 2013 - Updated May 09 2013 - 2 reports

Magma Fincorp logs 54% higher Q4 revenue

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.The ... [Published Financial Chronicle - May 09 2013]

Entities: Magma Fincorp Ltd, Mortgages, Acquisition

First reported May 09 2013 - Updated May 09 2013 - 1 reports

Magma Fincorp consolidated Mar '13 sales at Rs 475.82 crore

Magma Fincorp has reported a sales turnover of Rs 475.82 crore and a net profit of Rs 44.15 crore for the quarter ended Mar '13 ... [Published Moneycontrol.com - May 09 2013]

Entities: Magma Fincorp Ltd, Net Profit, Turnover

First reported May 09 2013 - Updated May 09 2013 - 1 reports

Magma Fincorp surges after strong Q4 results

Magma Fincorp jumped 7.11% to Rs 94.20 at 11:34 IST on BSE after consolidated net profit jumped 85.3% to Rs 44.15 crore on 53.9% growth in total income to Rs 505.94 crore in Q4 March 2013 over Q4 March 2012. The company announced Q4 results after market ... [Published India Infoline - May 09 2013]

Entities: Magma Fincorp Ltd, Net Profit, Commercial Vehicle, BSE Sensex

First reported May 08 2013 - Updated May 08 2013 - 2 reports

Magma Fincorp Recommends Dividend

Of Rs 0.80 per share The board of Magma Fincorp in its meeting held on 08 May 2013 has recommend dividend of 40% (Re 0.80) per equity share of the face value of Rs 2 each. ... [Published India Infoline - May 08 2013]

Entities: Magma Fincorp Ltd, Dividend, Face value

First reported May 08 2013 - Updated May 08 2013 - 1 reports

Magma Fincorp board recommend dividend

Magma Fincorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 08, 2013 recommend dividend. ... [Published Moneycontrol.com - May 08 2013]

Entities: Magma Fincorp Ltd, Dividend

First reported Apr 29 2013 - Updated Apr 30 2013 - 2 reports

Operation bailout: Why is TMC trying to save Saradha’s media group?

The TMC has launched a$ two-pronged move to save the Saradha group$ media companies from extinction, reported Economic Times.How?Mamata Banerjee. PTIApparently, the duo is in search of a posse of ?white knights? to invest in the companies. Saradha Group ... [Published Firstpost.com - Apr 29 2013]

Entities: Magma Fincorp Ltd, Srei Infrastructure Finance Ltd, Kalam, All India Trinamool Congress Party

Quotes

"We expect the economic momentum to pick up from second half of the FY 14 and we hope to leverage on the expanded basket of products and 75 new branches opened last year to maintain our growth rate" added Chamria. --IBNS

Magma registers 54% growth in Q4 [Published NewKerala.com - May 09 2013]

The company "s loan disbursements surged 65% to Rs 1,295 crore and incremental draw downs surged 201% to Rs 1,704 crore on sequential basis."

India Movers: ABB, Asian Paints, Indian Bank, PNB, SKS Micro [Published 123Jump - May 09 2013]

Commenting on the company's performance, vice chairman and managing director Sanjay Chamria said: "We have exhibited a strong resilience in our performance despite the industry facing a difficult year."

Magma Fincorp net profit rises 84 percent in Q4 [Published ProKerala.com - May 09 2013]

...a degrowth, collections too faced a tough year due to uncertain economy and constrained cash flows affecting a large segment of customers. "Yet, Magma Fincorp was able to record a healthy collection efficiency of 98.2%" the mediastatement stated

Magma Fincorp AUM at Rs 18,378 crore [Published Economic Times - May 09 2013]

More Content

sort by: Date \| Relevance
"Webby Awards" honors Grandmother India Design ... [Published MediaMughals - May 17 2013]
PE-backed NBFCs post mixed results [Published VC Circle - May 15 2013]
Magma Fincorp Board recommends Dividend of Rs. ... [Published Equity Bulls - May 12 2013]
Magma HDI General expects to breakeven by 2015 [Published India Infoline - May 10 2013]
Magma Fincorp extends post result rally [Published India Infoline - May 10 2013]
RIL, ONGC, Tata Steel and Gammon Infra may grab... [Published Indian-Commodity - May 10 2013]
Magma Fincorp eyes 30% loan growth [Published Calcutta Telegraph - May 10 2013]
Magma Fincorp logs 54% higher Q4 revenue [Published Financial Chronicle - May 09 2013]
Magma registers 54% growth in Q4 [Published NewKerala.com - May 09 2013]
India Movers: ABB, Asian Paints, Indian Bank, P... [Published 123Jump - May 09 2013]
Magma HDI General to break even by March 2015 [Published Hindu Business Line - May 09 2013]
Magma Fincorp net profit rises 84 percent in Q4 [Published Business Standard India - May 09 2013]
Magma Fincorp net profit rises 84 percent in Q4 [Published ProKerala.com - May 09 2013]
Magma Fincorp AUM at Rs 18,378 crore [Published Economic Times - May 09 2013]
Ten stocks dominating Thursday trade post quart... [Published MyIris - May 09 2013]
Magma Fincorp sees 30% loan growth, NIM improve... [Published zeenews.com - May 09 2013]
Expect to grow disburses by 20% in FY14: Sanjay... [Published Economic Times - May 09 2013]
Magma Fincorp consolidated Mar '13 sales at Rs ... [Published Moneycontrol.com - May 09 2013]
Sensex at 20,000 points; first time in 3 months [Published Oneindia - May 09 2013]
Magma Fincorp rises 6% as Q4 profit doubles [Published New Indian Express - May 09 2013]
Magma Fincorp surges after strong Q4 results [Published India Infoline - May 09 2013]
Magma Fincorp Q4 profit jumps 85.3% [Published MyIris - May 09 2013]
Sensex slips below 20k; Aptech gains 11%, HCL T... [Published Moneycontrol.com - May 09 2013]
Magma Fincorp up 6% amid strong volumes, Q4 pro... [Published Moneycontrol.com - May 09 2013]
Securitisation to turn costlier for banks with ... [Published Economic Times - May 09 2013]
Magma Fincorp Recommends Dividend [Published India Infoline - May 08 2013]
Magma Fincorp net zooms 84% [Published Hindu Business Line - May 08 2013]
Magma Fincorp Ltd Recommends Dividend On Equity... [Published Reuters UK - May 08 2013]
Magma Fincorp board recommend dividend [Published Moneycontrol.com - May 08 2013]
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