Max India Limited announced its Q3FY26 unaudited consolidated financial results on February 10, 2026, reporting a net loss of ₹42.85 crores for the quarter ended December 31, 2025. The company's consolidated revenue from operations stood at ₹43.10 crores during the quarter, compared to ₹34.74 crores in the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for Q3FY26 reflects operational challenges across its business segments. Total income including other income reached ₹49.81 crores, while total expenses amounted to ₹87.17 crores, resulting in significant operational losses.

Nine Months Performance Analysis

For the nine months ended December 31, 2025, Max India reported consolidated revenue from operations of ₹124.93 crores compared to ₹103.97 crores in the corresponding period of the previous year. However, the company recorded a net loss of ₹102.56 crores for the nine-month period.

Segment-wise Revenue Performance

The company's business segments showed mixed performance during Q3FY26. The Assisted Care segment contributed ₹27.55 crores to revenue, while Senior Living generated ₹13.47 crores. Business Investments segment recorded revenue of ₹3.12 crores.

Exceptional Items and Corporate Actions

During the nine months ended December 31, 2025, the company recognized exceptional items totaling ₹4.98 crores, including gains from property sale of ₹9.53 crores and expenses related to rights issue and employee benefit obligations. The company had earlier completed a rights issue of ₹124.23 crores and allotted fully convertible warrants worth ₹80.35 crores.

Regulatory Compliance and Trading Window

The board meeting was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for designated persons, which was closed from January 1, 2026, will remain closed until February 12, 2026, being 48 hours after the declaration of financial results.

Max India Limited's wholly-owned subsidiary Antara Assisted Care Services has announced a significant expansion in the senior care market with the launch of AGEasy's specialized Gut Care Range. Developed in partnership with Wellbeing Nutrition, this new product portfolio addresses the overlooked digestive challenges faced by India's aging population.

Market Need and Research Insights

The launch addresses a critical gap in the Indian healthcare market, where gut health products are typically designed for the general population. Recent studies reveal concerning statistics about senior digestive health:

Seniors face unique physiological challenges that make their digestive systems more sensitive, including slower metabolism, altered gut microbiome, higher medication load, and reduced digestive enzyme activity. These factors increase both the frequency and severity of digestive discomfort among the aging population.

Product Portfolio and Specifications

The AGEasy Gut Care Range features four targeted formulations designed specifically for senior physiology:

All products in the range are FSSAI-certified and utilize clinically validated, globally sourced ingredients. The formulations are plant-based, gluten-free, lactose-free, GMO-free, and contain no added sugar. The products are specifically designed for optimal absorption and ease of use, addressing common senior concerns like pill fatigue and dysphagia.

Leadership Perspectives

Ishaan Khanna, CEO of Antara Assisted Care Services, emphasized the foundational importance of gut health for seniors. He highlighted that scientific literature demonstrates gut health's influence on immunity, inflammation, metabolic parameters, and cognitive function. The collaboration combines AGEasy's understanding of senior needs with Wellbeing Nutrition's scientific rigor to create sustained, reliable support for digestive concerns.

Avnish Chhabria, Founder CEO of Wellbeing Nutrition, reinforced the partnership's commitment to making clean, research-driven nutrition accessible across all life stages. He noted that the collaboration addresses seniors' specific challenges including reduced nutrient absorption and ease of use requirements.

Company Background and Market Position

Antara Senior Care, launched in 2013, operates as the senior-care business of Max India Limited, part of the ₹7.00 billion Max Group. The integrated ecosystem operates through two main business lines: Residences for Seniors and Assisted Care Services. AGEasy, launched in 2023, has already touched over 5.00 lakh lives and offers products across lung care, joint health, fall prevention, diabetes management, and now gut health.

Wellbeing Nutrition, founded in 2019, raised ₹10.00 million in a Series B round led by Hindustan Unilever Ltd. and Fireside Ventures. The company specializes in FDA-approved, science-backed nutraceuticals across various health categories including sleep, gut health, beauty, stress, immunity, and vitamins.

Strategic Impact

This launch represents AGEasy's continued mission of making aging easier through thoughtfully curated products addressing chronic health needs. The partnership creates India's first dedicated gut care range for the aging population, positioning both companies at the forefront of the specialized senior healthcare market. The collaboration demonstrates the growing recognition of age-specific healthcare needs and the market opportunity in serving India's expanding senior demographic.

The new AGEasy Gut Care Range features four targeted formulations addressing digestive concerns for seniors with science-backed ingredients, further solidifying Max India's commitment to providing specialized care solutions for the aging population.