Quarterly Results Results Snapshot
YoYQoQ
Figures in Cr
Consolidate Quarterly Results
Dec'25
Sep'25
Jun'25
Mar'25
Dec'24
Sep'24
Jun'24
Net Sales
43.10
45.16
36.67
41.52
34.74
42.77
26.46
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
43.10
45.16
36.67
41.52
34.74
42.77
26.46
Raw Material Cost
10.65
13.62
15.81
17.55
13.11
8.44
4.18
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
2.18
0.80
-7.06
-3.74
-3.35
-3.11
-0.36
Employee Cost
25.27
25.14
25.05
26.39
24.00
22.74
23.44
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
18.77
17.32
14.60
24.36
16.44
12.90
10.77
Other Expenses
20.76
18.54
16.12
16.41
14.18
22.95
16.37
Total Expenditure (Excl Depreciation)
77.63
75.42
64.52
80.97
64.38
63.92
54.40
Operating Profit (PBDIT) excl Other Income
-34.53
-30.26
-27.85
-39.45
-29.64
-21.15
-27.94
Other Income
6.71
5.01
4.67
3.95
4.35
4.72
5.66
Operating Profit (PBDIT)
-27.82
-25.25
-23.18
-35.50
-25.29
-16.43
-22.28
Interest
3.45
4.06
3.52
2.83
2.04
1.70
1.49
Exceptional Items
-2.87
-0.03
7.88
-0.35
-12.60
0.00
0.00
Gross Profit (PBDT)
-34.14
-29.34
-18.82
-38.68
-39.93
-18.13
-23.77
Depreciation
6.09
5.94
5.77
5.25
5.03
4.61
3.93
Profit Before Tax
-41.42
-36.03
-24.66
-45.30
-44.41
-22.00
-26.87
Tax
1.43
-1.96
0.98
0.79
0.19
0.73
0.10
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
-41.66
-33.32
-25.57
-44.72
-45.15
-23.47
-27.80
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
-41.66
-33.32
-25.57
-44.72
-45.15
-23.47
-27.80
Share in Profit of Associates
-1.19
-0.75
-0.07
-1.37
0.55
0.74
0.83
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
-42.85
-34.07
-25.64
-46.09
-44.60
-22.73
-26.97
Equity Capital
52.45
52.28
52.17
43.59
43.17
43.17
43.17
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Earnings per share (EPS)
-8.17
-6.52
-4.91
-9.99
-9.76
-4.97
-5.9
Diluted Earnings per share
-8.17
-6.52
-5.44
-10.08
-9.47
-4.98
-5.9
Operating Profit Margin (Excl OI)
-80.12%
-67.01%
-75.95%
-95.01%
-85.32%
-49.45%
-105.59%
Gross Profit Margin
-79.21%
-64.97%
-51.32%
-93.16%
-114.94%
-42.39%
-89.83%
PAT Margin
-99.42%
-75.44%
-69.92%
-111.01%
-128.38%
-53.14%
-101.93%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Analysis Highlights - QoQ
Net Sales
QoQ Growth in quarter ended Dec 2025 is -4.56% vs 23.15% in Sep 2025
Consolidate Net Profit
QoQ Growth in quarter ended Dec 2025 is -25.77% vs -32.88% in Sep 2025
Operating Profit (PBDIT) excl Other Income
QoQ Growth in quarter ended Dec 2025 is -14.11% vs -8.65% in Sep 2025
Interest
QoQ Growth in quarter ended Dec 2025 is -15.02% vs 15.34% in Sep 2025
Operating Profit Margin (Excl OI)
QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025
Compare Quarterly Results Of Max India Ltd With
Figures in Cr
Consolidate Quarterly Results
Change(INR)
Change(%)
Net Sales
43.10
0
43.10
Other Operating Income
0.00
0.00
0.00
Total Operating income
43.10
0
43.10
Raw Material Cost
10.65
0
10.65
Purchase of Finished goods
0.00
0
0.00
(Increase) / Decrease In Stocks
2.18
0
2.18
Employee Cost
25.27
0
25.27
Power Cost
0.00
0
0.00
Manufacturing Expenses
0.00
0
0.00
Selling and Distribution Expenses
18.77
0
18.77
Other Expenses
20.76
0.00
20.76
Total Expenditure (Excl Depreciation)
77.63
0
77.63
Operating Profit (PBDIT) excl Other Income
-34.53
0.00
-34.53
Other Income
6.71
0
6.71
Operating Profit (PBDIT)
-27.82
0
-27.82
Interest
3.45
0
3.45
Exceptional Items
-2.87
0
-2.87
Gross Profit (PBDT)
-34.14
0
-34.14
Depreciation
6.09
0
6.09
Profit Before Tax
-41.42
0
-41.42
Tax
1.43
0
1.43
Provisions and contingencies
0.00
0
0.00
Profit After Tax
-41.66
0
-41.66
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0.00
0
0.00
Other Adjustments
0.00
0
0.00
Net Profit
-41.66
0
-41.66
Share in Profit of Associates
-1.19
0
-1.19
Minority Interest
0.00
0
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
-42.85
0
-42.85
Equity Capital
52.45
0
52.45
Face Value
10.00
0
0.00
Reserves
0.00
0
0.00
Earnings per share (EPS)
-8.17
0
-8.17
Diluted Earnings per share
-8.17
0
-8.17
Operating Profit Margin (Excl OI)
-80.12%
0%
0.00
-80.12%
Gross Profit Margin
-79.21%
0%
0.00
-79.21%
PAT Margin
-99.42%
0%
0.00
-99.42%
Public Share Holdings (%)
0.00%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0%
0.00
0.00%
Quarterly - Net Sales
Net Sales 43.10 Cr
in Dec 2025Figures in Cr
QoQ Growth in quarter ended Dec 2025 is -4.56% vs 23.15% in Sep 2025
YoY Growth in quarter ended Dec 2025 is 24.06% vs -14.62% in Dec 2024
Quarterly - Consolidate Net Profit
Consolidate Net Profit -42.85 Cr
in Dec 2025Figures in Cr
QoQ Growth in quarter ended Dec 2025 is -25.77% vs -32.88% in Sep 2025
YoY Growth in quarter ended Dec 2025 is 3.92% vs -149.16% in Dec 2024
Quarterly - Operating Profit (PBDIT)
Operating Profit (PBDIT) -34.53 Cr
in Dec 2025Figures in Cr
QoQ Growth in quarter ended Dec 2025 is -14.11% vs -8.65% in Sep 2025
YoY Growth in quarter ended Dec 2025 is -16.50% vs -85.48% in Dec 2024
Quarterly - Interest
Interest 3.45 Cr
in Dec 2025Figures in Cr
QoQ Growth in quarter ended Dec 2025 is -15.02% vs 15.34% in Sep 2025
YoY Growth in quarter ended Dec 2025 is 69.12% vs 50.00% in Dec 2024
Quarterly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) -80.12%
in Dec 2025Figures in %
QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025
YoY Growth in quarter ended Dec 2025 has improved from Dec 2024
