Max India reports net profit of Rs 536.54 crore in Q1

Max India has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a net profit of Rs 536.54 crore for the quarter ended June 30, 2012 against net loss of Rs 1.75 crore for the corresponding period last fiscal. Total income increased by 372.67% at Rs 904.78 crore during the quarter under review from Rs 191.42 crore in the year-ago period.

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.