Max Estates Q1 Profit Drops 30% to ₹8.35 Crore

Max Estates is a big company that builds homes and offices in India.

It is part of a larger family of companies called Max Group.

The company shared its report card for the last three months.

During this time, Max Estates did not make as much money as it did before.

Its profit went down by 30 percent, from ₹11.93 crore to ₹8.35 crore.

The money the company earned stayed almost the same as last year.

When income stays flat, profits can shrink because costs may go up.

The company said the lower profit was because of flat revenue.

Max Estates has many building projects in the Delhi-NCR area.

It also runs a separate company that manages real estate services.