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Max India Q1 net loss widens to Rs 95 cr

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Press Trust of India New Delhi

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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First Published: Aug 08 2019 | 9:00 PM IST

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