Max India's Q3 FY 2025-26 Quarterly Results
- 11 Feb 2026
Result Summary
- Max India Ltd reported a 0.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 27.4%.
- Its expenses for the quarter were up by 2.0% QoQ and 22.0% YoY.
- The net profit increased 25.8% QoQ and decreased 3.9% YoY.
- The earnings per share (EPS) of Max India Ltd declined at 8.17 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 49.81 | 50.17 | 39.09 | -0.7% | 27.4% |
Total Expenses | 87.17 | 85.42 | 71.45 | 2.0% | 22.0% |
Profit Before Tax | -40.23 | -35.28 | -44.96 | 14.0% | -10.5% |
Tax | 1.43 | -1.96 | 0.19 | -173.0% | 652.6% |
Profit After Tax | -42.85 | -34.07 | -44.60 | 25.8% | -3.9% |
Earnings Per Share | -8.17 | -6.52 | -10.33 | 25.3% | -20.9% |
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 that operates within the healthcare and allied services industry. The organization is involved in providing a range of services that may include healthcare, insurance, or wellness products. However, specific details about its main products or services, as well as any recent major developments, are not provided in the data available. Therefore, the analysis will focus on the financial performance based solely on the data provided.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Max India Ltd reported a total income of ₹49.81 crores. This represents a slight decrease of 0.7% from the previous quarter (Q2FY26), where total income was ₹50.17 crores. On a year-over-year basis, the total income increased by 27.4% compared to the third quarter of fiscal year 2025 (Q3FY25), where the income was ₹39.09 crores. This YoY growth indicates an improvement in the company's revenue-generating capabilities over the year despite the QoQ drop.
Profitability
Max India Ltd's profitability has shown varied results. The company reported a loss before tax of ₹40.23 crores in Q3FY26, which is a 14.0% increase in losses compared to the previous quarter's loss of ₹35.28 crores. However, on a year-over-year basis, the loss before tax decreased by 10.5% from Q3FY25, when the loss was ₹44.96 crores. The tax scenario also varied significantly, with Q3FY26 incurring a tax expense of ₹1.43 crores compared to a tax benefit of ₹1.96 crores in Q2FY26. Profit after tax was reported as a loss of ₹42.85 crores for Q3FY26, up by 25.8% from Q2FY26's loss of ₹34.07 crores, and a slight improvement from Q3FY25's loss of ₹44.60 crores, reflecting a 3.9% YoY reduction in losses.
Operating Metrics
The operating metrics for Max India Ltd, as depicted by the earnings per share (EPS), show a negative trend. The EPS for Q3FY26 was reported at -₹8.17, which is a decline from Q2FY26's EPS of -₹6.52, marking a 25.3% QoQ increase in negative earnings. Compared to the same quarter of the previous year, Q3FY25, where the EPS was -₹10.33, there is a YoY improvement of 20.9%. The total expenses for the company have risen by 2.0% QoQ from ₹85.42 crores in Q2FY26 to ₹87.17 crores in Q3FY26, and by 22.0% YoY from ₹71.45 crores in Q3FY25, indicating an upward trend in operational costs. The analysis of these metrics provides insight into the company's operational challenges and financial health.