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Max Ventures and Industries consolidated net profit rises 530.39% in the March 2021 quarter

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Capital Market

Sales rise 29.83% to Rs 328.59 crore

Net profit of Max Ventures and Industries rose 530.39% to Rs 12.86 crore in the quarter ended March 2021 as against Rs 2.04 crore during the previous quarter ended March 2020. Sales rose 29.83% to Rs 328.59 crore in the quarter ended March 2021 as against Rs 253.10 crore during the previous quarter ended March 2020.

For the full year,net profit declined 79.48% to Rs 7.68 crore in the year ended March 2021 as against Rs 37.43 crore during the previous year ended March 2020. Sales declined 15.19% to Rs 1172.29 crore in the year ended March 2021 as against Rs 1382.22 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales328.59253.10 30 1172.291382.22 -15 OPM %15.1414.12 -16.9312.06 - PBDT42.8319.45 120 158.45113.03 40 PBT29.847.75 285 108.8666.91 63 NP12.862.04 530 7.6837.43 -79

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First Published: Jun 12 2021 | 8:14 AM IST

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