Results 26-Nov-22
Announcements
Max Life Insurance Company standalone net profit declines 31.31% in the September 2022 quarter
Sales rise 8.89% to Rs 5682.27 crore
Net profit of Max Life Insurance Company declined 31.31% to Rs 45.54 crore in the quarter ended September 2022 as against Rs 66.30 crore during the previous quarter ended September 2021. Sales rose 8.89% to Rs 5682.27 crore in the quarter ended September 2022 as against Rs 5218.52 crore during the previous quarter ended September 2021.
Particulars
Quarter Ended
Sep. 2022
Sep. 2021
% Var.
Sales
5682.27
5218.52
9
OPM %
-1.36
-0.53
-
PBDT
53.06
70.71
-25
PBT
53.06
70.71
-25
NP
45.54
66.30
-31
Previous News
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 )
AU Small Finance Bank enters into bancassurance tie-up with Max Life Insurance Company
( Corporate News - 21-Sep-23 15:38 )
Max Life Insurance and Tata Asset Mgt get approval to set up pension funds
( Insurance - 01-Oct-21 23:14 )
Axis Max Life launches its new index based fund ‘Axis Max Life Sustainable Wealth 50 Index Fund’
( Insurance - 03-Jan-25 11:56 )
Max Life Insurance Company partners with DCB Bank
( Corporate News - 11-Jul-23 13:58 )
Max Life to pay penalty of Rs 3 cr imposed by IRDAI
( Corporate News - 17-Oct-22 09:18 )
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 standalone net profit rises 14.07% in the June 2023 quarter
( Results - Announcements 16-Aug-23 16:29 )
Max Life Insurance becomes first life insurer to adopt Account Aggregator system
( Insurance - 28-Oct-21 15:55 )
Max Life Insurance unveils its new ULIP fund ‘Nifty 500 Momentum 50 Index Fund’
( Insurance - 20-Aug-24 19:58 )
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