Max India Limited Announces Annual Results, Net Profit of Rs. 5.13 crore

Max India Limited Announces Annual Results, Net Profit of Rs. 5.13 crore

The Board of Directors of Max India Limited, one of India’s leading multi-business corporations, at their meeting today approved the audited accounts for the financial year ended March 31, 2001.

Max India Limited has posted Net Profit After Tax of Rs.5.13 crore for the Fiscal 2000-2001. The earning per share of the Company was Rs. 2.22 on the enhanced capital for the year 2000-2001. On the original capital, this translated into an earning per share of Rs. 4.45.

“Max India’s focus in the current fiscal has been the establishment and launch of its three core businesses of Healthcare, Life Insurance and Information Technology,” said Analjit Singh, Chairman, Max India Limited. “I am delighted to announce that Max Healthcare began commercial operations in January, Max New York Life has launched operations in eight cities and launched its software development center.”

Max India is multi-business corporate, driven by the spirit of enterprise focused on the knowledge-based, people-oriented service businesses of healthcare, life insurance and information technology. Max India has on-going business interests in telecom services, electronic components, bulk pharmaceuticals and speciality plastics.

For more details contact:

Nitin Thakur

Head – Communications
Max India
Max House, Okhla – III,
New Delhi-110 020
Tele # 2693 3601-10 extn. 196
Cell # +91 9873347428+91 9873347428
E-mail: nthakur@maxindia.com

Rahul Gossian

Communications Specialist
Max India
Max House, Okhla – III,
New Delhi-110 020
Tele # 2693 3601-10 extn. 145
Cell # +91 9873154228+91 9873154228
E-mail: rgossain@maxindia.com