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Max Financial Services consolidated net profit declines 49.03% in the September 2019 quarter

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Capital Market

Sales rise 8.59% to Rs 4685.87 crore

Net profit of Max Financial Services declined 49.03% to Rs 42.16 crore in the quarter ended September 2019 as against Rs 82.72 crore during the previous quarter ended September 2018. Sales rose 8.59% to Rs 4685.87 crore in the quarter ended September 2019 as against Rs 4315.12 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales4685.874315.12 9 OPM %1.533.54 -PBDT71.55153.90 -54 PBT70.81153.47 -54 NP42.1682.72 -49

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First Published: Nov 07 2019 | 8:18 AM IST

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