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Max Healthcare Q4 net soars 75% despite lockdown woes in March
NEW DELHI: Max Healthcare Institute Ltd posted a 75% jump in its consolidated profit in the January-March quarter at ₹32 crore despite the lockdown that started in the second half of March being a drag on its operations.Max Healthcare’s earnings before interest, tax, depreciation and amortisation (Ebitda) came in at 16.8%, which, although better than the 11.9% posted in the corresponding quarter last year, was still lower than 19.2% that the company was expecting. Regardless, Max Healthcare chairman Abhay Soi expressed satisfaction.“We are further encouraged by the knowledge that up to March 21 i.e.