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Business News/ Companies / Max India Q4 net loss at Rs6.76 cr
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Max India Q4 net loss at Rs6.76 cr

Max India Q4 net loss at Rs6.76 cr

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Mumbai: Diversified Group Max India on Friday said that it has reported a net loss of Rs6.76 crore in the fourth quarter ended 31 March, 2009.

The company had a net profit of Rs20.22 crore in the March quarter of FY’08, Max India said in a filing to the Bombay Stock Exchange.

Total income decreased to Rs91.42 crore in the latest quarter from Rs111.43 crore in the corresponding year ago period.

For the fiscal year ended 31 March, 2009, Max India posted a net profit at Rs21.84 crore as compared to Rs61.90 crore in the last fiscal.

Total income increased to Rs419.93 crore for the year ended 31 March, 2009 from Rs375.37 crore in the previous fiscal.

On a consolidated basis, Max India reported a loss of Rs218.38 crore in the fiscal ended March 2009. While it had a net loss of Rs48.9 crore in the last year.

Total income increased to Rs4891.44 crore for the full year ended March 2009 from Rs3610.55 crore in the fiscal year ended 31 March, 2008.

Shares of Max India were trading at Rs209.50, down 0.12% on the BSE.

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Published: 26 Jun 2009, 04:44 PM IST
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