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

India Infoline News Service | Mumbai |

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

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.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.