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Max Financial Services reports consolidated net profit of Rs 62.34 crore in the March 2021 quarter

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Capital Market

Sales rise 128.88% to Rs 9759.75 crore

Net profit of Max Financial Services reported to Rs 62.34 crore in the quarter ended March 2021 as against net loss of Rs 36.09 crore during the previous quarter ended March 2020. Sales rose 128.88% to Rs 9759.75 crore in the quarter ended March 2021 as against Rs 4264.06 crore during the previous quarter ended March 2020.

For the full year,net profit rose 179.60% to Rs 405.39 crore in the year ended March 2021 as against Rs 144.99 crore during the previous year ended March 2020. Sales rose 71.46% to Rs 31273.91 crore in the year ended March 2021 as against Rs 18239.98 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales9759.754264.06 129 31273.9118239.98 71 OPM %0.703.22 -1.802.48 - PBDT68.60139.00 -51 578.22453.85 27 PBT67.15131.06 -49 572.90442.48 29 NP62.34-36.09 LP 405.39144.99 180

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First Published: Jun 08 2021 | 5:57 PM IST

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