Results 26-Nov-22
Announcements
Max Life Insurance Company standalone net profit declines 31.31% in the September 2022 quarter
Sales rise 8.89% to Rs 5682.27 crore
Net profit of Max Life Insurance Company declined 31.31% to Rs 45.54 crore in the quarter ended September 2022 as against Rs 66.30 crore during the previous quarter ended September 2021. Sales rose 8.89% to Rs 5682.27 crore in the quarter ended September 2022 as against Rs 5218.52 crore during the previous quarter ended September 2021.
Particulars
Quarter Ended
Sep. 2022
Sep. 2021
% Var.
Sales
5682.27
5218.52
9
OPM %
-1.36
-0.53
-
PBDT
53.06
70.71
-25
PBT
53.06
70.71
-25
NP
45.54
66.30
-31
Previous News
Max Life Insurance Company Limited: Rating reaffirmed
( Press Releases - 11-Jul-22 10:42 )
Max Life Insurance death claim settlement at 99.35% in 2020-21
( Insurance - 12-Jan-22 16:55 )
Max Life Insurance appoints Rajiv Anand as its new Chairman
( Insurance - 05-Dec-23 10:22 )
Board of Axis Bank approves acquisition of 29% stake in Max Life
( Corporate News - 28-Apr-20 14:22 )
Max Life Insurance Company standalone net profit rises 14.07% in the June 2023 quarter
( Results - Announcements 16-Aug-23 16:29 )
Max Life Insurance partnership with SIB to offer life insurance solutions
( Insurance - 01-Aug-23 16:43 )
Max Life ties up with Tamilnad Mercantile Bank to offer life insurance
( Insurance - 28-Nov-22 19:46 )
Max Life expects double digit growth in new business premium this fiscal
( Insurance - 18-Aug-23 09:57 )
Max Life Pension Fund receives certificate to commence business
( Corporate News - 25-Aug-22 20:20 )
Max Life assets under management crosses Rs 1.5 lakh crore for the first time
( Insurance - 15-Apr-24 17:37 )
AU Small Finance Bank enters into bancassurance tie-up with Max Life Insurance Company
( Corporate News - 21-Sep-23 15:38 )
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