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Max India’s consolidated net loss narrows to Rs 6 crore in Q3

27 Jan 2022 Evaluate

Max India has reported results for third quarter ended December 31, 2021.

The company has reported net profit at Rs 1.40 crore for the quarter under review as compared to net loss of Rs 0.02 crore for the same quarter in the previous year. However, total income of the company decreased by 0.73% at Rs 8.19 crore for Q3FY22 as compared Rs 8.25 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 5.70 crore for the quarter under review as compared to net loss of Rs 12.97 crore for the same quarter in the previous year. However, total income of the company increased by 25.23% at Rs 42.83 crore for Q3FY22 as compared Rs 34.20 crore for the corresponding quarter previous year.

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