Magma Fincorp Revenue
What is the Revenue of Magma Fincorp?
The Revenue of Magma Fincorp Limited is ₨12.520B
What is the definition of Revenue?
Revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.
ttm (trailing twelve months)
Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period.
In accounting, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.
Revenue of companies in the Finance sector on NSE compared to Magma Fincorp
What does Magma Fincorp do?
Magma Fincorp Limited, a non-banking financial company, provides asset finance services in India. The company offers loans for cars, SMEs, construction equipment, commercial vehicles, tractors, and used vehicles. It also provides housing finance; and auto leasing services. The company operates a network of 314 branches. Magma Fincorp Limited was incorporated in 1978 and is headquartered in Mumbai, India.
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