Diversified group Max India today reported a profit of Rs 1.80 crore in the fourth quarter ended March 2018.
The company had reported a standalone loss of Rs 4.38 crore in the March quarter of the previous fiscal, Max India said in a filing to stock exchanges.
Total income rose to Rs 18.81 crore in the latest quarter from Rs 7.82 crore in the corresponding year ago period.
For the fiscal year ended March 31, 2018, Max India posted a net profit at Rs 6.31 crore as compared to loss of Rs 2.58 crore in the last fiscal.
Total income increased to Rs 66.3.crore for the year from Rs 51.6 crore in the previous fiscal.
On a consolidated basis, the company reported a loss of Rs 71.29 crore during the fiscal as against net loss of Rs 46.20 crore in the last year.