Max India swung to a loss for the quarter ended September 2014. During the quarter, the company reported a loss of Rs 113.00 million compared with a profit of Rs 19.90 million in the same quarter previous year.
Net sales for the quarter declined 92.93% to Rs 148.90 million, compared with Rs 2,106.40 million for the prior year period.
Earnings per share stood negative at Rs 0.42 compared with Rs 0.04 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 148.90 | 2,106.40 | (92.93) |
| Net Profit | (113.00) | 19.90 | - |
| Basic EPS | (0.42) | 0.04 | - |
Shares of the company gained Rs 15.15, or 3.6%, to settle at Rs 436.45. The total volume of shares traded was 105,654 at the BSE (Wednesday).
