*Max India* announced a substantial drop in standalone net profit for the
quarter ended December 2008. During the quarter, the profit of the company
declined 84.44% to Rs 32.60 million from Rs 209.50 million in the same
quarter last year.

Net sales for the quarter rose 16.20% to Rs 900.40 million, while total
income for the quarter fell 13.93% to Rs 900.60 million, when compared with
the prior year period.

The company posted earnings of Rs 0.15 a share during the quarter,
registering 84.04% decline over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 900.40 774.90 16.20 *Net Profit* 32.60 209.50 (84.44)
*Basic EPS* 0.15 0.94 (84.04)

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