Results     22-Feb-24
Announcements
Max Life Insurance Company standalone net profit declines 39.76% in the December 2023 quarter
Sales rise 15.97% to Rs 7170.32 crore
Net profit of Max Life Insurance Company declined 39.76% to Rs 152.18 crore in the quarter ended December 2023 as against Rs 252.61 crore during the previous quarter ended December 2022. Sales rose 15.97% to Rs 7170.32 crore in the quarter ended December 2023 as against Rs 6183.14 crore during the previous quarter ended December 2022.

ParticularsQuarter Ended
 Dec. 2023Dec. 2022% Var.
Sales7170.326183.14 16
OPM %1.464.62 -
PBDT175.32293.99 -40
PBT175.32293.99 -40
NP152.18252.61 -40

Previous News
  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 tie up with DCB Bank to offer life insurance solutions
 ( Insurance - 11-Jul-23   13:18 )
  Max Life Insurance partnership with SIB to offer life insurance solutions
 ( Insurance - 01-Aug-23   16:43 )
  Max Financial Services acquires balance 5.17% stake in Max Life
 ( Corporate News - 08-Dec-22   17:48 )
  Max Life partners with IIA to offer life insurance access to 11L MSMEs in UP
 ( Insurance - 08-May-23   11:41 )
  Max Life Insurance Company and Yes Bank extend bancassurance partnership
 ( Corporate News - 13-Apr-20   12:02 )
  Max Life policyholders to get Rs 1,604 crore as participating bonus
 ( Insurance - 26-May-23   10:03 )
  Max Life Insurance Company partners with DCB Bank
 ( Corporate News - 11-Jul-23   13:58 )
  Max Life's statement on proposal for non-linked life insurance policies in Budget 2023
 ( Corporate News - 02-Feb-23   09:36 )
  Max Life Insurance Company standalone net profit declines 39.76% in the December 2023 quarter
 ( Results - Announcements 22-Feb-24   07:40 )
  Max Life to pay penalty of Rs 3 cr imposed by IRDAI
 ( Corporate News - 17-Oct-22   09:18 )
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