Max India swung to a loss for the quarter ended March 2015. During the quarter, the company reported a loss of Rs 82.50 million compared with a profit of Rs 83.60 million in the same quarter last year.
Revenues for the quarter declined 81.66% to Rs 399.10 million, compared with Rs 2,176.00 million for the prior year period.
Earnings per share stood negative at Rs 0.31 compared with Rs 0.31 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 399.10 | 2,176.00 | (81.66) |
| Net Profit | (82.50) | 83.60 | - |
| Diluted EPS | (0.31) | 0.31 | - |
Shares of the company gained Rs 14.3, or 3.07%, to settle at Rs 480.20. The total volume of shares traded was 251,599 at the BSE (Wednesday).
