Max India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2021
June 22, 2021 at 05:56 am EDT
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Max India Limited reported unaudited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2021. For the quarter, on standalone basis, Revenue from operations is INR 74.3 million against INR 324 million reported a year ago. Total income was reported as INR 89 million against INR 325.8 million a year ago. Net profit for the period was reported as INR 32.2 million against INR 217.8 million a year ago. Earnings per share was reported as INR 0.6 against INR 4.05 a year ago.
For the year, on standalone basis, Revenue from operations is INR 336.6 million against INR 736.1 million reported a year ago. Total income was reported as INR 392 million against INR 743 million a year ago. Net profit for the period was reported as INR 86.5 million against loss of INR 1,232.6 million a year ago. Earnings per share was reported as INR 1.61 against loss per share of INR 22.92 a year ago.
For the quarter, on consolidated basis, Revenue from operations is INR 338.9 million against INR 677.4 million reported a year ago. Total income was reported as INR 357.8 million against INR 695.6 million a year ago. Loss for the period was reported as INR 94.8 million against profit of INR 118.6 million a year ago. Basic and diluted Loss per share from continuing and discontinued operations was reported as INR 1.76 against profit per share of INR 2.21 a year ago. Loss from continuing operations was reported as INR 94.8 million against profit of INR 118.6 million a year ago. Basic and diluted Loss per share was reported as INR 1.76 against profit per share of INR 2.21 a year ago.
For the year, on consolidated basis, Revenue from operations is INR 1,208.8 million against INR 2,110 million reported a year ago. Total income was reported as INR 1,295.8 million against INR 2,143.3 million a year ago. Loss for the period was reported as INR 531.2 million against profit of INR 2,315.5 million a year ago. Basic and diluted Loss per share from continuing and discontinued operations was reported as INR 9.88 against profit per share of INR 55.23 a year ago. Loss for the period from continuing operations was reported as INR 531.2 million against loss of INR 926.3 million a year ago. Basic and diluted Loss per share was reported as INR 9.88 against INR 17.22 a year ago.
Max India Limited is an India-based holding company of Max Groupâs Senior Care business- Antara Senior Living Limited offering residences for seniors and Antara Assisted Care Services Limited for assisted care and care homes for seniors. The Companyâs segments include Business Investments, Senior Living, Assisted Care, and Others. The Business Investments segment includes treasury investments, rental from investment property and functional support services to group companies. The Senior Living segment is engaged in the business of senior living. The Assisted Care segment caters to the seniors by providing Care at home services, care homes facilities and sale/ rental of MedCare products carried out by its subsidiary. Its subsidiaries include Antara Purukul Senior Living Limited, and Max UK Limited. Antara Purukul Senior Living Limited inter is engaged in the business of owning, developing, operating, establishing vibrant residential senior living communities.