{"id":339115,"date":"2026-11-04T13:56:17","date_gmt":"2026-11-04T08:26:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/"},"modified":"2026-11-04T13:56:17","modified_gmt":"2026-11-04T08:26:17","slug":"max-india-q2-results-fy27-loss-22-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/","title":{"rendered":"Max India Q2 Results FY27: Net Loss Narrows to Rs 22.25 Cr, Revenue Rs 86.79 Cr, PAT Rs -22.25 Cr"},"content":{"rendered":"<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Max India Q2 Results FY27 were declared on 3 November 2026. The company reported consolidated revenue of Rs 86.79 Cr, up 92.18% YoY from Rs 45.16 Cr, while net profit came in as a loss of Rs 22.25 Cr against a loss of Rs 34.07 Cr a year earlier. These quarterly results show YoY growth of 92.18% in revenue and a narrower net loss.<\/p>\n<\/div>\n<p>Max India Ltd (MAXIND) Q2 Results FY27 announced on 3 November 2026, covering the company&#8217;s financial performance for the July to September quarter. The results date brought consolidated revenue of Rs 86.79 Cr and a net loss (PAT) of Rs 22.25 Cr into view. Max India Q2 Results FY27 therefore record revenue growth of 92.18% over the same quarter last year, with the consolidated results also showing a smaller loss than a year earlier.<\/p>\n<p>This Max India Q2 Results results analysis covers the financial highlights, the business factors named in the disclosure, the outlook for FY27 and the risks to watch. Listed on NSE and BSE under the symbol MAXIND, the company reports on a consolidated basis, so every figure below reflects the group as a whole. The Financial Highlights come next.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=quarterly_results\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Max_India_Q2_Results_FY27_Financial_Highlights\" title=\"Max India Q2 Results FY27: Financial Highlights\">Max India Q2 Results FY27: Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Key_Takeaways_from_Max_India_Q2_Results_What_Stands_Out\" title=\"Key Takeaways from Max India Q2 Results: What Stands Out\">Key Takeaways from Max India Q2 Results: What Stands Out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Max_India_Q2_Results_FY27_Performance_Analysis\" title=\"Max India Q2 Results FY27: Performance Analysis\">Max India Q2 Results FY27: Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Key_Business_Factors_This_Quarter\" title=\"Key Business Factors This Quarter\">Key Business Factors This Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#FY27_Outlook_After_Max_India_Q2_Results\" title=\"FY27 Outlook After Max India Q2 Results\">FY27 Outlook After Max India Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Key_Risks_to_Watch_After_Max_India_Q2_Results_FY27\" title=\"Key Risks to Watch After Max India Q2 Results FY27\">Key Risks to Watch After Max India Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Continued_Net_Loss\" title=\"Continued Net Loss\">Continued Net Loss<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Low_Return_on_Equity\" title=\"Low Return on Equity\">Low Return on Equity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Modest_Return_on_Capital\" title=\"Modest Return on Capital\">Modest Return on Capital<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Frequently_Asked_Questions_on_Max_India_Q2_Results_FY27\" title=\"Frequently Asked Questions on Max India Q2 Results FY27\">Frequently Asked Questions on Max India Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_are_Max_India_Q2_Results_FY27\" title=\"What are Max India Q2 Results FY27?\">What are Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_is_the_results_date_for_Max_India_Q2_Results_FY27\" title=\"What is the results date for Max India Q2 Results FY27?\">What is the results date for Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_revenue_was_reported_in_Max_India_Q2_Results_FY27\" title=\"What revenue was reported in Max India Q2 Results FY27?\">What revenue was reported in Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_net_profit_was_reported_in_Max_India_Q2_Results_FY27\" title=\"What net profit was reported in Max India Q2 Results FY27?\">What net profit was reported in Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#How_much_YoY_growth_did_revenue_show_in_Max_India_Q2_Results_FY27\" title=\"How much YoY growth did revenue show in Max India Q2 Results FY27?\">How much YoY growth did revenue show in Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Did_net_profit_rise_or_fall_in_Max_India_Q2_Results\" title=\"Did net profit rise or fall in Max India Q2 Results?\">Did net profit rise or fall in Max India Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_was_the_Operating_Profit_in_Max_India_Q2_Results_FY27\" title=\"What was the Operating Profit in Max India Q2 Results FY27?\">What was the Operating Profit in Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Are_Max_India_Q2_Results_consolidated_results_or_standalone_results\" title=\"Are Max India Q2 Results consolidated results or standalone results?\">Are Max India Q2 Results consolidated results or standalone results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_business_factors_shaped_Max_India_Q2_Results_FY27\" title=\"What business factors shaped Max India Q2 Results FY27?\">What business factors shaped Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_are_the_key_risks_after_Max_India_Q2_Results_FY27\" title=\"What are the key risks after Max India Q2 Results FY27?\">What are the key risks after Max India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#What_is_the_outlook_after_Max_India_Q2_Results\" title=\"What is the outlook after Max India Q2 Results?\">What is the outlook after Max India Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/max-india-q2-results-fy27-loss-22-crore\/#Where_can_I_find_the_complete_Max_India_Q2_Results_FY27_data\" title=\"Where can I find the complete Max India Q2 Results FY27 data?\">Where can I find the complete Max India Q2 Results FY27 data?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Max_India_Q2_Results_FY27_Financial_Highlights\"><\/span><strong>Max India Q2 Results FY27: Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27 (Sep 26)<\/th>\n<th>Q2 FY26 (Sep 25)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td><strong>Revenue<\/strong><\/td>\n<td>Rs 86.79 Cr<\/td>\n<td>Rs 45.16 Cr<\/td>\n<td>+92.18% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Operating Profit<\/strong><\/td>\n<td>Rs -20.13 Cr<\/td>\n<td>Rs -30.26 Cr<\/td>\n<td>+33.48% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Net Profit (PAT)<\/strong><\/td>\n<td>Rs -22.25 Cr<\/td>\n<td>Rs -34.07 Cr<\/td>\n<td>+34.69% YoY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: company filing for Max India Q2 Results FY27, 3 November 2026. Figures in Rs Crore, Consolidated basis.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_Max_India_Q2_Results_What_Stands_Out\"><\/span><strong>Key Takeaways from Max India Q2 Results: What Stands Out<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Revenue of Rs 86.79 Cr<\/strong> compares with Rs 45.16 Cr in the same quarter last year, a YoY growth of 92.18% on a consolidated basis.<\/li>\n<li><strong>Net profit was a loss of Rs 22.25 Cr<\/strong>, against a loss of Rs 34.07 Cr a year earlier, so the loss narrowed by 34.69% YoY.<\/li>\n<li><strong>Operating Profit stood at Rs -20.13 Cr<\/strong> versus Rs -30.26 Cr in the year-ago quarter, a 33.48% YoY improvement in the loss figure.<\/li>\n<li><strong>Net profit margin moved to -25.6%<\/strong> from -75.4% in the comparison quarter, as supplied for Max India Q2 Results FY27.<\/li>\n<li><strong>The balance sheet carries almost no debt<\/strong>, with a debt-to-assets ratio of 0.00 in FY26, which leads into the performance analysis.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Max_India_Q2_Results_FY27_Performance_Analysis\"><\/span><strong>Max India Q2 Results FY27: Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Revenue nearly doubled while the loss shrank, which is the clearest message from these numbers. Consolidated revenue rose Rs 41.63 Cr to Rs 86.79 Cr, and net profit remained negative at Rs 22.25 Cr, though that is a smaller loss than the Rs 34.07 Cr reported a year earlier.<\/p>\n<p>In the Max India Q2 Results FY27 results analysis, the Operating Profit line tells a similar story. It moved from Rs -30.26 Cr to Rs -20.13 Cr, a 33.48% YoY gain on the loss figure. The net loss narrowed at a comparable pace of 34.69%, so the loss lines moved together, while revenue grew much faster at 92.18%.<\/p>\n<p>Investors tracking this quarter will look at how revenue growth of 92.18% carries through the next filings and whether the Operating Profit loss keeps shrinking. The quarterly results for Max India also show a net margin of -25.6% against -75.4%, which is where the results analysis turns to the business factors.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live results data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_This_Quarter\"><\/span><strong>Key Business Factors This Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Revenue growth<\/strong> &#8211; The results analysis points to revenue as the main factor, with a rise of 92.2% YoY to Rs 86.79 Cr in the latest quarter. This sits against Rs 45.16 Cr in the year-ago period and is the base for the smaller loss shown in the Max India Q2 Results FY27.<\/p>\n<p><strong>Margin movement<\/strong> &#8211; Net profit margin improved to -25.6% from -75.4% in the comparison quarter. The margin is still negative, but the gap to break-even is much smaller than a year earlier, which the quarterly results confirm through the narrower Rs 22.25 Cr net loss.<\/p>\n<p><strong>Debt position<\/strong> &#8211; The company is almost debt free, with a debt-to-assets ratio of 0.00 in FY26. This means the Rs 22.25 Cr net loss in the quarter is not being driven by a heavy borrowing load, according to the supplied balance sheet ratio.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook_After_Max_India_Q2_Results\"><\/span><strong>FY27 Outlook After Max India Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No management guidance accompanies these figures, so the FY27 full-year picture will depend on the quarters that follow and on the sector conditions disclosed later. The Max India Q2 Results FY27 results analysis offers a starting point: revenue of Rs 86.79 Cr and a net profit loss of Rs 22.25 Cr set the reference for upcoming filings.<\/p>\n<p>What matters next is whether revenue growth stays near the 92.18% YoY level and whether the net profit loss keeps narrowing from Rs 34.07 Cr a year ago. Those two lines will frame the full-year results for FY27, and the risks that could affect them are covered next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_Max_India_Q2_Results_FY27\"><\/span><strong>Key Risks to Watch After Max India Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Continued_Net_Loss\"><\/span><strong>Continued Net Loss<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The company reported a net loss of Rs 22.25 Cr in the latest quarter. Even with a 34.69% YoY narrowing, the loss remains, and the Max India Q2 Results FY27 show that profitability is yet to be reached on a consolidated basis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Low_Return_on_Equity\"><\/span><strong>Low Return on Equity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Return on equity was low at -34.48% in FY26. This is an annual figure and shows how the loss base has weighed on shareholder returns, so YoY growth in revenue will need to translate into smaller losses over time.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Modest_Return_on_Capital\"><\/span><strong>Modest Return on Capital<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Return on capital employed was modest at -27.83% in FY26. It reflects the use of capital against negative operating results, and it is a number that investors can compare with later annual disclosures from the company.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track quarterly results as they are declared.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The quarterly results show revenue of Rs 86.79 Cr, up 92.18% YoY, and a smaller consolidated net loss of Rs 22.25 Cr. Taken together, Max India Q2 Results FY27 describe a company still reporting losses but at a reduced level on a consolidated basis. Investors should consult a SEBI-registered advisor before acting on any of this information.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Max_India_Q2_Results_FY27\"><\/span><strong>Frequently Asked Questions on Max India Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Max_India_Q2_Results_FY27\"><\/span><strong>What are Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Max India Q2 Results FY27 are the consolidated quarterly results of Max India for July to September 2026, showing revenue of Rs 86.79 Cr and a net loss of Rs 22.25 Cr, as covered in the Quick Answer.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_results_date_for_Max_India_Q2_Results_FY27\"><\/span><strong>What is the results date for Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The results date for Max India Q2 Results FY27 is 3 November 2026, when Max India declared its consolidated numbers, so the Financial Highlights section reflects figures from that filing for the quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_revenue_was_reported_in_Max_India_Q2_Results_FY27\"><\/span><strong>What revenue was reported in Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Max India reported consolidated revenue of Rs 86.79 Cr in Max India Q2 Results FY27, compared with Rs 45.16 Cr a year earlier, which means revenue is the line to read first in the Financial Highlights.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_net_profit_was_reported_in_Max_India_Q2_Results_FY27\"><\/span><strong>What net profit was reported in Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit in Max India Q2 Results FY27 was a loss of Rs 22.25 Cr, compared with a loss of Rs 34.07 Cr in the year-ago quarter, as the Performance Analysis section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_YoY_growth_did_revenue_show_in_Max_India_Q2_Results_FY27\"><\/span><strong>How much YoY growth did revenue show in Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue in Max India Q2 Results FY27 grew 92.18% YoY, rising from Rs 45.16 Cr to Rs 86.79 Cr, while the net loss narrowed by 34.69%, a comparison drawn in the Key Takeaways.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_rise_or_fall_in_Max_India_Q2_Results\"><\/span><strong>Did net profit rise or fall in Max India Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In Max India Q2 Results the net profit loss narrowed, from Rs 34.07 Cr to Rs 22.25 Cr, so the loss is smaller YoY, though the figure stays negative, as the Key Takeaways section notes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Operating_Profit_in_Max_India_Q2_Results_FY27\"><\/span><strong>What was the Operating Profit in Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Operating Profit in Max India Q2 Results FY27 was Rs -20.13 Cr compared with Rs -30.26 Cr a year earlier, a 33.48% YoY change in the loss, which is detailed in the Performance Analysis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_Max_India_Q2_Results_consolidated_results_or_standalone_results\"><\/span><strong>Are Max India Q2 Results consolidated results or standalone results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The figures in Max India Q2 Results are consolidated results, covering Max India as a group, which means the revenue of Rs 86.79 Cr should be read on that basis in the Financial Highlights.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_factors_shaped_Max_India_Q2_Results_FY27\"><\/span><strong>What business factors shaped Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The factors listed for Max India Q2 Results FY27 are revenue growth of 92.2% YoY, a net margin of -25.6% versus -75.4%, and a debt-to-assets ratio of 0.00, which the Key Business Factors section sets out.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_after_Max_India_Q2_Results_FY27\"><\/span><strong>What are the key risks after Max India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> After Max India Q2 Results FY27 the risks named are the Rs 22.25 Cr net loss, return on equity of -34.48% and return on capital employed of -27.83%, all of which appear in the Key Risks section.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_after_Max_India_Q2_Results\"><\/span><strong>What is the outlook after Max India Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No management guidance is attached to Max India Q2 Results, so the FY27 outlook rests on later quarters, while the Outlook section tracks revenue growth and the narrowing net loss as the reference points.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_find_the_complete_Max_India_Q2_Results_FY27_data\"><\/span><strong>Where can I find the complete Max India Q2 Results FY27 data?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The complete Max India Q2 Results FY27 data sits in the Financial Highlights table above, which sets out revenue, Operating Profit and net profit YoY, while the Univest app and Screener carry further company details.<\/p>\n<p><script type=\"application\/ld+json\" class=\"faq-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are Max India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Max India Q2 Results FY27 are the consolidated quarterly results of Max India for July to September 2026, showing revenue of Rs 86.79 Cr and a net loss of Rs 22.25 Cr, as covered in the Quick Answer.\"}},{\"@type\":\"Question\",\"name\":\"What is the results date for Max India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The results date for Max India Q2 Results FY27 is 3 November 2026, when Max India declared its consolidated numbers, so the Financial Highlights section reflects figures from that filing for the quarter.\"}},{\"@type\":\"Question\",\"name\":\"What revenue was reported in Max India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Max India reported consolidated revenue of Rs 86.79 Cr in Max India Q2 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34.07 Cr to Rs 22.25 Cr, so the loss is smaller YoY, though the figure stays negative, as the Key Takeaways section notes.\"}},{\"@type\":\"Question\",\"name\":\"What was the Operating Profit in Max India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Operating Profit in Max India Q2 Results FY27 was Rs -20.13 Cr compared with Rs -30.26 Cr a year earlier, a 33.48% YoY change in the loss, which is detailed in the Performance Analysis.\"}},{\"@type\":\"Question\",\"name\":\"Are Max India Q2 Results consolidated results or standalone results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The figures in Max India Q2 Results are consolidated results, covering Max India as a group, which means the revenue of Rs 86.79 Cr should be read on that basis in the Financial Highlights.\"}},{\"@type\":\"Question\",\"name\":\"What business factors shaped Max India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The factors listed for Max India Q2 Results FY27 are revenue growth of 92.2% YoY, a net margin of -25.6% versus -75.4%, and a debt-to-assets ratio of 0.00, which the Key Business Factors section sets out.\"}},{\"@type\":\"Question\",\"name\":\"What are the key risks after Max India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"After Max India Q2 Results FY27 the risks named are the Rs 22.25 Cr net loss, return on equity of -34.48% and return on capital employed of -27.83%, all of which appear in the Key Risks section.\"}},{\"@type\":\"Question\",\"name\":\"What is the outlook after Max India Q2 Results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No management guidance is attached to Max India Q2 Results, so the FY27 outlook rests on later quarters, while the Outlook section tracks revenue growth and the narrowing net loss as the reference points.\"}},{\"@type\":\"Question\",\"name\":\"Where can I find the complete Max India Q2 Results FY27 data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The complete Max India Q2 Results FY27 data sits in the Financial Highlights table above, which sets out revenue, Operating Profit and net profit YoY, while the Univest app and Screener carry further company details.\"}}]}<\/script><br \/>\n<script type=\"application\/ld+json\" class=\"news-article-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Max India Q2 Results FY27: Net Loss Narrows to Rs 22.25 Cr, Revenue Rs 86.79 Cr, PAT Rs -22.25 Cr\",\"description\":\"Max India Q2 Results: Consolidated revenue \u20b986.79 Cr, PAT loss \u20b922.25 Cr. Check YoY growth and quarterly results analysis from the 3 November 2026 filing.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\",\"url\":\"https:\/\/univest.in\"},\"about\":{\"@type\":\"Corporation\",\"name\":\"Max India Ltd\"}}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Max India Q2 Results FY27: revenue up 92.18% YoY to Rs 86.79 Cr, net loss narrows to Rs 22.25 Cr.<\/p>\n","protected":false},"author":29,"featured_media":339114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5331],"tags":[],"class_list":["post-339115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-https-univest-in-blogs-category-results"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["339114"],"rank_math_title":["Max India Q2 Results FY27: Revenue Up 92.18% to Rs 86.79 Cr"],"rank_math_description":["Max India Q2 Results: Consolidated revenue \u20b986.79 Cr, PAT loss \u20b922.25 Cr. 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