Max India has announced its fourth quarter financial results for the fiscal year 2009-10 and it has informed that in this quarter it has incurred a loss. The company has posted a net loss of Rs 2.3 crore for the quarter that ended in 31st March, 2010. The net loss of the firm was reported to be Rs 6.7 crore for the fourth quarter last year. However, it has managed to minimize the net loss figure in this quarter.

The total income of the firm has gone up. So far as the total income of the firm is concerned, it has grown up to Rs 99 crore during the January-March period of fiscal year 2009-10. The income stood at Rs 91 crore for the same quarter last year. This has been informed by the firm in a filing at the Bombay Stock Exchange. The annual consolidated loss of the company was reported to be Rs 71 crore for the year under review from a consolidated net loss of Rs 218 crore last year.