Results     02-Dec-23
Announcements
Max Life Insurance Company standalone net profit rises 273.21% in the September 2023 quarter
Sales rise 14.10% to Rs 6483.73 crore
Net profit of Max Life Insurance Company rose 273.21% to Rs 169.96 crore in the quarter ended September 2023 as against Rs 45.54 crore during the previous quarter ended September 2022. Sales rose 14.10% to Rs 6483.73 crore in the quarter ended September 2023 as against Rs 5682.27 crore during the previous quarter ended September 2022.

ParticularsQuarter Ended
 Sep. 2023Sep. 2022% Var.
Sales6483.735682.27 14
OPM %1.02-1.36 -
PBDT157.4753.06 197
PBT157.4753.06 197
NP169.9645.54 273

Previous News
  Board of Max Financial Services approves Mitsui Sumitomo Insurance's share swap
 ( Corporate News - 05-Mar-20   09:47 )
  Max Life assets under management crosses Rs 1.5 lakh crore for the first time
 ( Insurance - 15-Apr-24   17:37 )
  Max Life launches its new Term Insurance Plan 'Max Life Smart Term Plan'
 ( Insurance - 20-Jun-19   18:19 )
  Max Life Insurance death claim settlement at 99.35% in 2020-21
 ( Insurance - 12-Jan-22   16:55 )
  Max Life Insurance Company and Yes Bank extend bancassurance partnership
 ( Corporate News - 13-Apr-20   12:02 )
  Max life insurance join hands with Ujjivan Small Finance Bank for Bancassurance partnership
 ( Insurance - 06-Mar-23   10:34 )
  Max Life expects over 11% business growth in FY21: CEO
 ( Insurance - 21-Feb-21   15:05 )
  Max Life to pay penalty of Rs 3 cr imposed by IRDAI
 ( Corporate News - 17-Oct-22   09:18 )
  Max Life Insurance becomes first life insurer to adopt Account Aggregator system
 ( Insurance - 28-Oct-21   15:55 )
  IRDAI approves Max Financial Service to increase its stake in Max Life
 ( Corporate News - 28-Nov-20   13:41 )
  Max Life Insurance unveils its new ULIP fund ‘Nifty 500 Momentum 50 Index Fund’
 ( Insurance - 20-Aug-24   19:58 )
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