Max India Q1 net at Rs 81.26 crore

Company had posted a net profit of Rs 101.14 crore and total income income from operations of Rs 278.74 crore in the corresponding period a year ago

Max India today reported a net profit of Rs 81.26 crore and total income from operations of Rs 111.76 crore for the first quarter ended June 30, 2014.

It had posted a net profit of Rs 101.14 crore and total income income from operations of Rs 278.74 crore in the corresponding period a year ago, Max India said in a BSE filing.

The company said figures are not comparable on the account of slump sale of its Max Speciality Films Division with effect from April 1, 2014.

"The revenue of erstwhile MSF division for Q1 FY15 is Rs 186.87 crore (corresponding figure for Q1 FY14 was Rs 156.50 crore," the company said.

Shares of Max India were trading at Rs 299.75 apiece, down 1.20% from their previous close on BSE.