MaxVIL Q3 revenue up 10 pc at Rs 296 crore ANI | Updated: Feb 13, 2021 12:51 IST
New Delhi [India], Feb 13 (ANI): Max Ventures and Industries Ltd (MaxVIL) has reported 10 per cent year-on-year jump in consolidated revenue at Rs 296 crore for the quarter ended December (Q3 FY21).
The subsidiary of leading multi-business conglomerate Max Group operates across two core businesses real estate in the NCR region and specialty packaging films.
Its revenue from lease rental income of Max Towers went up by 19 per cent in Q3 to Rs 5 crore. The revenue from packaging films business was up by 11 per cent to Rs 282 crore.
Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) were up by 50 per cent to Rs 49 crore and profit before tax up by 348 per cent at Rs 25 crore.
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The complex with net leasable area of over 5.3 lakh square feet was built with an investment of Rs 600 crore
Max Estates leases 80,000 sq ft office space in Noida to Cyril Amarchand Mangaldas ANI | Updated: Feb 10, 2021 13:17 IST
New Delhi [India], Feb 10 (ANI): Max Estates, a subsidiary of Max Group s listed entity Max Ventures and Industries Ltd (MaxVIL), has leased about 80,000 square feet at its flagship grade A office complex Max Towers in Noida to Cyril Amarchand Mangaldas, one of India s leading legal firms.
Built with an investment of Rs 600 crore with a net leasable area of over 5. 3 lakh square feet, Max Towers is a 21-storey commercial office tower which provides an energy-efficient and green work environment, a technology-enabled smart workspace, and a vibrant food and recreation hub.
Max Estates leases 80,000 sq ft office space in Noida theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.