Max Financial Services reports standalone net loss of Rs 23.83 crore in the March 2016 quarter

Sales reported at Rs 5.03 crore

Net Loss of Max Financial Services reported to Rs 23.83 crore in the quarter ended March 2016 as against net loss of Rs 8.25 crore during the previous quarter ended March 2015. Sales reported to Rs 5.03 crore in the quarter ended March 2016. There were no Sales reported during the previous quarter ended March 2015.

For the full year,net profit declined 70.53% to Rs 115.20 crore in the year ended March 2016 as against Rs 390.94 crore during the previous year ended March 2015. Sales reported to Rs 16.24 crore in the year ended March 2016. There were no Sales reported during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.030 0 16.240 0 OPM %-466.000 -719.890 - PBDT-23.280.34 PL 117.42473.03 -75 PBT-23.83-0.83 -2771 115.20468.65 -75 NP-23.83-8.25 -189 115.20390.94 -71

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