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Max India Q4 net profit up 84% at Rs 52.5 cr

Revenues of the company grew by 52 per cent to Rs 3,740 crore for the fourth quarter

May 29, 2014 4:16 IST | India Infoline News Service
Max India on Wednesday posted 84 per cent increase in profit after tax at Rs 52.5 crore for the fourth quarter ended March 31, 2014.

The company had posted a net profit of Rs 28.5 crore in the same period of previous fiscal.

Revenues of the company grew by 52 per cent to Rs 3,740 crore for the fourth quarter, compared to Rs 2,468 crore in the same period of previous fiscal, Max India said in a statement.

For the year ended March 31, 2014, the company posted a profit after tax of Rs 209 crore, up 44 per cent, from Rs 146 crore in the 2012-13 fiscal.

The company's revenues rose by 19 per cent to Rs 11,683 crore for the fiscal, as against Rs 9,820 crore in the corresponding fiscal.

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