Max India registers over Rs 3 crore loss during December quarter

Max India Monday reported a standalone net loss of Rs 3.18 crore for the quarter ended December 31, 2018. The company had posted a net profit of Rs 0.55 crore during the year-ago quarter, Max India said in a filing to BSE.

Total income stood at Rs 14.19 crore for the latest quarter. It was Rs 14.71 crore for the same period a year ago. Shares of Max India settled at Rs 77.40 per scrip on BSE, down 0.77 per cent from the previous close.

(With inputs from agencies.)