Don’t miss the latest developments in business and finance.

Max India Q1 net loss widens to Rs 95 cr

Image
Press Trust of India New Delhi
Last Updated : Aug 08 2019 | 9:00 PM IST

Max India on Thursday reported widening of its consolidated net loss to Rs 94.87 crore in the first quarter ended June of the current fiscal.

The company had posted a net loss of Rs 25.26 crore in the corresponding April-June period of the previous fiscal year.

Total income during the June quarter of 2019-20 fell to Rs 38 crore from Rs 43.06 crore in the year-ago period, Max India said in a regulatory filing.

Shares of Max India closed nearly flat at Rs 61 on the BSE on Thursday.

Also Read

First Published: Aug 08 2019 | 9:00 PM IST

Next Story