Max India Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 05:26 pm
30-05-2025 | 05:26 pm
Max India has announced a board meeting on the audited consolidated financial results for the quarter and year ended March 31, 2025, with a clean audit report. The Group posted a consolidated loss of Rs. 140.39 Cr for FY25, widening from Rs. 56.38 Cr last year, mainly due to exceptional items including a Rs. 12 Cr goodwill payment by Antara Assisted Care Services. Q4 revenue surged to Rs. 145.49 Cr from Rs. 45.04 Cr a year ago. The company raised Rs. 124.23 Cr through a rights issue and sold three Noida floors for Rs. 105.08 Cr. Focus remains on senior living and assisted care businesses amid real estate challenges.
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