Max India Q1 Net at Rs 81.26 crore

Tags: News
Max India today reported a net profit of Rs 81.26 crore and total income from operations of Rs 111.76 crore for the first quarter ended June 30, 2014.

It had posted a net profit of Rs 101.14 crore and total income income from operations of Rs 278.74 crore in the corresponding period a year ago, Max India said in a BSE filing.

The company said figures are not comparable on the account of slump sale of its Max Speciality Films Division with effect from April 1, 2014.

"The revenue of erstwhile MSF division for Q1 FY15 is Rs 186.87 crore (corresponding figure for Q1 FY14 was Rs 156.50 crore," the company said.

Shares of Max India were trading at Rs 299.75 apiece, down 1.20 per cent from their previous close on BSE.

EDITORIAL OF THE DAY

  • Profit motive, not arbitrary pricing, should be guiding principle for the railways

    The freight hike for coal by the railways raises a serious question about the government’s penchant for price manipulation and administered pricing

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Susan Visvanathan

A world that is constantly at war

THE 19th century posed specific problems to theorists about how ...

Jemima Raman

Things one learns on a potter's wheel

As things go, watching a shape emerge from a blob ...

Shona Adhikari

Masterpieces on the auction block

A rather important auction of 20th century Indian art by ...