Max Ventures and Industries announced Q2FY23 results: H1FY23: Consolidated Revenue up by 62% YoY to Rs 548 million Consolidated EBITDA up by 64% YoY to Rs 170 million Consolidated PAT stood at Rs 100 million in H1FY23 vs Rs (-) 21 million in H1FY22 Total Lease Rental Income (Max Towers + Max House) up by 48% YoY to Rs 238 million in H1FY23 Max Asset Services Revenue stood at Rs 155 million in H1FY23 Commenting on the performance, Sahil Vachani, MD & CEO of MaxVIL said, “During the first half of FY23, the Company has deployed the capital raised from the Packaging Films stake sale. MVIL has strengthened its portfolio in NCR in line with its stated position of becoming one of the top 3 developers. The Company has successfully forayed into the residential segment, thereby adding a new asset class in its portfolio and diversified its footprint to Gurugram in the Commercial segment. We are fully geared in terms of people and talent to execute this next phase of growth for MVIL. With strong leasing dynamics for Grade A+ properties combined with the Company’s WorkWell and LiveWell Philosophies, we are confident to be a brand of choice for customers in both the Commercial and Residential segment.” Result PDF