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.
Particulars
Quarter Ended
Sep. 2023
Sep. 2022
% Var.
Sales
6483.73
5682.27
14
OPM %
1.02
-1.36
-
PBDT
157.47
53.06
197
PBT
157.47
53.06
197
NP
169.96
45.54
273
Previous News
Max Life Insurance Company standalone net profit declines 39.76% in the December 2023 quarter
( Results - Announcements 22-Feb-24 07:40 )
AU Small Finance Bank enters into bancassurance tie-up with Max Life Insurance Company
( Corporate News - 21-Sep-23 15:38 )
IRDAI approves Max Financial Service to increase its stake in Max Life
( Corporate News - 28-Nov-20 13:41 )
Board of Max Financial Services approves sale of 29% stake in Max Life to Axis Bank
( Corporate News - 28-Apr-20 14:11 )
Yes Bank extends bancassurance partnership with Max Life Insurance for 5 years
( Insurance - 14-Apr-20 09:35 )
Axis Bank to buy 29% stake in Max Life Insurance, raise its total to 30%
( Insurance - 28-Apr-20 12:50 )
Max Life Insurance partners with Capital SFB to offer life insurance solutions
( Insurance - 04-May-23 15:48 )
Max Life Insurance Company partners with DCB Bank
( Corporate News - 11-Jul-23 13:58 )
Max Life ties up with Tamilnad Mercantile Bank to offer life insurance
( Insurance - 28-Nov-22 19:46 )
Max Life Insurance tie-up with Ditto to distribute life insurance online
( Insurance - 04-Nov-22 17:40 )
Max life insurance join hands with Ujjivan Small Finance Bank for Bancassurance partnership
( Insurance - 06-Mar-23 10:34 )
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