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
  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 )
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 ( Corporate News - 28-Nov-20   13:41 )
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 ( Corporate News - 28-Apr-20   14:11 )
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 ( 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 )
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 ( Insurance - 04-May-23   15:48 )
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 ( 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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