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.
Particulars
Quarter Ended
Dec. 2023
Dec. 2022
% Var.
Sales
7170.32
6183.14
16
OPM %
1.46
4.62
-
PBDT
175.32
293.99
-40
PBT
175.32
293.99
-40
NP
152.18
252.61
-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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