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Max India turns black in Q2

09 Nov 2013 Evaluate

Max India has reported results for the second quarter ended September 30, 2013.

The company has reported a net profit at Rs 1.99 crore for the quarter as compared to a net loss of Rs 17.43 crore for the same quarter in the previous year. Total income of the company has increased by 15.85% at Rs 214.16 crore for quarter under review as compared to Rs 184.86 crore for the quarter ended September 30, 2012.

Max India is a multi-business enterprise. The company has business interest in area of life insurance, healthcare and clinical research. Max India holds 91% equity stake in Max Healthcare Institute.

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