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Max Financial Services reports standalone net loss of Rs 12.96 crore in the March 2018 quarter

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Capital Market

Sales rise 68.23% to Rs 11.81 crore

Net Loss of Max Financial Services reported to Rs 12.96 crore in the quarter ended March 2018 as against net loss of Rs 20.49 crore during the previous quarter ended March 2017. Sales rose 68.23% to Rs 11.81 crore in the quarter ended March 2018 as against Rs 7.02 crore during the previous quarter ended March 2017.

For the full year,net profit declined 20.10% to Rs 123.04 crore in the year ended March 2018 as against Rs 154.00 crore during the previous year ended March 2017. Sales declined 10.27% to Rs 228.74 crore in the year ended March 2018 as against Rs 254.92 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales11.817.02 68 228.74254.92 -10 OPM %-106.52-286.61 -54.3360.65 - PBDT-12.47-20.01 38 124.96155.96 -20 PBT-12.96-20.49 37 123.04154.00 -20 NP-12.96-20.49 37 123.04154.00 -20

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First Published: May 25 2018 | 5:44 PM IST

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