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(08/08/2025 20:40)

Max Estates Q1 net profit zooms 294.74% at Rs 29.25 cr

The company reported standalone net profit of Rs 29.25 crore for the quarter ended June 30, 2025 as compared to Rs 7.41 crore in the same period last year, registering a year-on-year growth of 294.74 per cent.

Net revenue of the company declined moderately by 7.36 per cent at Rs 13.72 crore in April-June quarter of this fiscal as against Rs 14.81 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 18.77 per cent to Rs 15.12 crore from Rs 12.73 crore in year ago period.

Other Income grew by 217.26 per cent at Rs 43.56 crore versus (Jun'24 Rs 13.73 crore).

Operating Profit slipped by 167.79 per cent to Rs -1.41 crore as against Rs 2.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 172.97 per cent in June quarter.

Interest declined by 69.68 per cent y-o-y to Rs 1.41 crore, while Taxation increased by 414.36 per cent at Rs 9.67 crore (Jun'24 Rs 1.88 crore).