Max India's Q1 FY 2026-27 Quarterly Results

Result Summary

• Max India Ltd reported a 4.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 66.0%.
• Its expenses for the quarter were up by 16.6% QoQ and 40.4% YoY.
• The net profit increased 88.1% QoQ and increased 41.5% YoY.
• The earnings per share (EPS) of Max India Ltd declined at 6.91 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Max India Ltd is a company whose main products or services are not specified in the provided data. The industry in which it operates is also not disclosed. As such, no specific information about the company's market positioning, competitive landscape, or recent major developments is available in the data provided. Without additional context, it is not possible to elaborate on the company's strategic initiatives or its role within its industry. The analysis will therefore focus solely on the financial data provided for Max India Ltd.

Revenue

In Q1FY27, Max India Ltd reported a total income of ₹68.62 crores. This represents a decrease of 4.7% compared to the previous quarter, Q4FY26, where the total income was ₹72.04 crores. However, when compared year-over-year to Q1FY26, where total income was ₹41.34 crores, there is a significant increase of 66.0%. This indicates a substantial growth in income over the past year, albeit with a slight decline in the most recent quarter.

Profitability

The financial data for Max India Ltd reveals that the company experienced a loss in profitability in Q1FY27. The profit before tax was negative, recorded at -₹35.06 crores. This is a deterioration from the previous quarter, Q4FY26, where the profit before tax was -₹17.07 crores, reflecting an increase in losses by 105.4%. Year-over-year, the loss in profit before tax increased by 42.6% from -₹24.59 crores in Q1FY26. The profit after tax similarly shows a loss, recorded at -₹36.28 crores for Q1FY27, an increase in losses from -₹19.29 crores in Q4FY26, and -₹25.64 crores in Q1FY26, representing increases of 88.1% quarter-over-quarter and 41.5% year-over-year respectively. The earnings per share, reflecting these losses, were -₹6.91 for Q1FY27, compared to -₹3.67 in Q4FY26 and -₹5.44 in Q1FY26, showing similar percentage increases.

Operating Metrics

The operating metrics of Max India Ltd show that total expenses for Q1FY27 were ₹103.65 crores, representing an increase of 16.6% from the previous quarter's expenses of ₹88.91 crores. When compared to Q1FY26, where expenses were ₹73.81 crores, there is a 40.4% increase year-over-year. Additionally, the tax expense for Q1FY27 was ₹0.69 crores, which is a 60.5% increase from the ₹0.43 crores reported in Q4FY26, but a 29.6% decrease from the ₹0.98 crores reported in Q1FY26. The increase in expenses over both the quarter and the year, alongside the increased tax fluctuations, contribute to the overall financial performance of the company.