Max Financial Services standalone net profit rises 13.63% in the March 2021 quarter

Sales rise 5.79% to Rs 243.11 crore

Net profit of Max Financial Services rose 13.63% to Rs 75.60 crore in the quarter ended March 2021 as against Rs 66.53 crore during the previous quarter ended March 2020. Sales rose 5.79% to Rs 243.11 crore in the quarter ended March 2021 as against Rs 229.80 crore during the previous quarter ended March 2020.

For the full year,net profit declined 63.59% to Rs 99.23 crore in the year ended March 2021 as against Rs 272.54 crore during the previous year ended March 2020. Sales declined 38.10% to Rs 306.38 crore in the year ended March 2021 as against Rs 494.94 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales243.11229.80 6 306.38494.94 -38 OPM %42.8486.13 -43.1082.10 - PBDT104.44197.87 -47 133.27406.21 -67 PBT103.36190.31 -46 129.47396.32 -67 NP75.6066.53 14 99.23272.54 -64

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