Max India posts Rs2. 3 core Q4 net loss

Analjit Singh-promoted diversified business group with interests in healthcare, IT services, financial services, Max India yesterday reported a net loss of Rs2.3 crore for the quarter ended 31 March 2010.

The company had posted a net loss of Rs6.7 crore in the same quarter ended March 2009, as per a company filing to the Bombay Stock Exchange.

Total income was up at Rs99 crore for the January-March quarter, as against Rs91 crore in the same period last year.

For the year ended 31March, 2010, the company reported a consolidated net loss of Rs71 crore as against a net loss of Rs218 crore in the same period in the previous fiscal.

Total income was up at Rs7,728.83 crore from Rs4,891.44 crore in the last year.