SMFG India Credit Company standalone net profit declines 8.21% in the June 2024 quarter

Net profit of SMFG India Credit Company declined 8.21% to Rs 88.77 crore in the quarter ended June 2024 as against Rs 96.71 crore during the previous quarter ended June 2023. Sales rose 27.21% to Rs 1977.88 crore in the quarter ended June 2024 as against Rs 1554.82 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	1977.88	1554.82	27
OPM %	42.77	45.88	-
PBDT	163.78	156.01	5
PBT	118.54	128.26	-8
NP	88.77	96.71	-8