Results 16-Aug-23
Announcements
Max Life Insurance Company standalone net profit rises 14.07% in the June 2023 quarter
Sales rise 18.78% to Rs 4723.86 crore
Net profit of Max Life Insurance Company rose 14.07% to Rs 88.84 crore in the quarter ended June 2023 as against Rs 77.88 crore during the previous quarter ended June 2022. Sales rose 18.78% to Rs 4723.86 crore in the quarter ended June 2023 as against Rs 3976.90 crore during the previous quarter ended June 2022.
Particulars
Quarter Ended
Jun. 2023
Jun. 2022
% Var.
Sales
4723.86
3976.90
19
OPM %
-0.13
1.25
-
PBDT
102.98
90.58
14
PBT
102.98
90.58
14
NP
88.84
77.88
14
Previous News
Max Life Insurance Company standalone net profit declines 39.76% in the December 2023 quarter
( Results - Announcements 22-Feb-24 07:40 )
Max Life announces expansion plans in Bengaluru
( Insurance - 01-Aug-19 09:43 )
Max Life ties up with Tamilnad Mercantile Bank to offer life insurance
( Insurance - 28-Nov-22 19:46 )
Yes Bank extends bancassurance partnership with Max Life Insurance for 5 years
( Insurance - 14-Apr-20 09:35 )
Axis Bank plans to explore long term strategic partnership with Max Life
( Corporate News - 20-Feb-20 16:35 )
In a first, Max Life Insurance beats LIC in claims settlement
( Insurance - 22-Jan-19 20:24 )
Max Financial Services acquires balance 5.17% stake in Max Life
( Corporate News - 08-Dec-22 17:48 )
AU Small Finance Bank enters into bancassurance tie-up with Max Life Insurance Company
( Corporate News - 21-Sep-23 15:38 )
Max Life Insurance appoints Iqbal Mir as Vice President-HR
( Insurance - 16-Mar-24 09:10 )
Max Life, Aegon Life, HDFC Life ties-up with Scripbox to sell term life plans
( Insurance - 18-Nov-21 17:10 )
Max Life Insurance death claim settlement at 99.35% in 2020-21
( Insurance - 12-Jan-22 16:55 )
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