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Max Ventures and Industries reports consolidated net loss of Rs 11 crore in Q2

27 Oct 2020 Evaluate

Max Ventures and Industries has reported results for second quarter ended September 30, 2020.

The company has reported 16.22% rise in its net profit of Rs 3.44 crore for the quarter under review as against net profit of Rs 2.96 crore for the same quarter in the previous year. Total income of the company increased 4.39% at Rs 9.75 crore for Q2FY21 as compared Rs 9.34 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to equity holders at Rs 11.49 crore for the quarter under review as against net profit of Rs 8.31 crore for the same quarter in the previous year. Total income of the company decreased by 32.86% at Rs 293.69 crore for Q2FY21 as compared Rs 437.45 crore for the corresponding quarter previous year.

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Company Name CMP
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