Max India has reported results for first quarter ended June 30, 2015.
The company has reported a fall of 69.74% in its net profit at Rs 24.59 crore for the quarter ended June 30, 2015 as compared to Rs 81.26 crore for the same quarter in the previous year. The company’s total income has decreased by 59.77% to Rs 45.63 crore for the quarter under review, from Rs 113.41 crore for the corresponding quarter of the previous year.
Max India is one of India’s leading multi businesses corporate with interests in Life Insurance, Healthcare and Health Insurance. Since its inception almost three decades ago, it has an experience of managing successful joint venture partnership due to its philosophy of open and transparent relationships always managed in the spirit of equal ownership.