Max India Q1 net loss widens to Rs 95 cr

Max India Q1 net loss widens to Rs 95 cr
  • Country:
  • India

Max India on Thursday reported widening of its consolidated net loss to Rs 94.87 crore in the first quarter ended June of the current fiscal. The company had posted a net loss of Rs 25.26 crore in the corresponding April-June period of the previous fiscal year.

Total income during the June quarter of 2019-20 fell to Rs 38 crore from Rs 43.06 crore in the year-ago period, Max India said in a regulatory filing. Shares of Max India closed nearly flat at Rs 61 on the BSE on Thursday.

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