Max India posts Q4 net at Rs 20.22 cr

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Max India
New Delhi, May 19: Max India Ltd today posted a net profit of Rs 20.22 crore for the quarter ended March 31, 2008 as compared to net loss of Rs 3.83 crore for the quarter ended March 31, 2007.

Total Income of the company in Q4FY08 increased 113.3 per cent to Rs 111.43 crore from Rs 52.25 crore in the same quarter a year ago, a statement said. Max India's net profit for the year ended March 31, 2008 increased 335.3 per cent to whopping Rs 61.90 crore as compared to Rs 14.22 crore for the year ended March 31, 2007.

The company's total income for FY08 grew 91.7 per cent to Rs 375.37 crore from Rs 195.80 crore last fiscal.

The Group's net loss declined 1.67 per cent to Rs 48.90 crore for the year ended March 31, 2008 as compared to net loss of Rs 49.73 crore for the year ended March 31, 2007.

Its FY08 total income jumped 81.1 per cent to Rs 3,610.55 crore as against Rs 1,993.62 crore last fiscal.


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