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Max Ventures and Industries reports standalone net profit of Rs 385.72 crore in the March 2022 quarter

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Capital Market

Sales decline 11.55% to Rs 4.44 crore

Net profit of Max Ventures and Industries reported to Rs 385.72 crore in the quarter ended March 2022 as against net loss of Rs 0.53 crore during the previous quarter ended March 2021. Sales declined 11.55% to Rs 4.44 crore in the quarter ended March 2022 as against Rs 5.02 crore during the previous quarter ended March 2021.

For the full year,net profit rose 5393.70% to Rs 383.46 crore in the year ended March 2022 as against Rs 6.98 crore during the previous year ended March 2021. Sales declined 32.94% to Rs 19.81 crore in the year ended March 2022 as against Rs 29.54 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales4.445.02 -12 19.8129.54 -33 OPM %-3.8311.95 -8.9947.29 - PBDT486.740.30 162147 486.9912.35 3843 PBT485.81-0.63 LP 483.218.64 5493 NP385.72-0.53 LP 383.466.98 5394

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First Published: May 16 2022 | 5:02 PM IST

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