Max India reports standalone net loss of Rs 16.47 crore in the March 2019 quarter

Capital Market 

Sales decline 17.46% to Rs 13.00 crore

Net loss of reported to Rs 16.47 crore in the quarter ended March 2019 as against net profit of Rs 0.63 crore during the previous quarter ended March 2018. Sales declined 17.46% to Rs 13.00 crore in the quarter ended March 2019 as against Rs 15.75 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 18.48 crore in the year ended March 2019 as against net profit of Rs 5.67 crore during the previous year ended March 2018. Sales declined 12.25% to Rs 55.95 crore in the year ended March 2019 as against Rs 63.76 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales13.0015.75 -17 55.9563.76 -12 OPM %-125.23-0.13 --28.9917.08 - PBDT-16.151.32 PL -15.7012.63 PL PBT-16.511.15 PL -16.9311.76 PL NP-16.470.63 PL -18.485.67 PL

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First Published: Sat, June 01 2019. 07:30 IST