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 Insurance Company standalone net profit declines 39.76% in the December 2023 quarter
( Results - Announcements 22-Feb-24 07:40 )
Max Financial receives IRDAI approval to divest up to 12% stake in Max Life
( Corporate News - 25-Feb-21 11:18 )
Max Life Insurance partners with Capital SFB to offer life insurance solutions
( Insurance - 04-May-23 15:48 )
Axis Bank to buy 29% stake in Max Life Insurance, raise its total to 30%
( Insurance - 28-Apr-20 12:50 )
Board of Axis Bank approves acquisition of 29% stake in Max Life
( Corporate News - 28-Apr-20 14:22 )
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 tie up with DCB Bank to offer life insurance solutions
( Insurance - 11-Jul-23 13:18 )
Max Life Insurance Company partners with DCB Bank
( Corporate News - 11-Jul-23 13:58 )
Max Life Insurance partnership with SIB to offer life insurance solutions
( Insurance - 01-Aug-23 16:43 )
Max Life Insurance Company standalone net profit rises 273.21% in the September 2023 quarter
( Results - Announcements 02-Dec-23 07:33 )
Max Life to pay penalty of Rs 3 cr imposed by IRDAI
( Corporate News - 17-Oct-22 09:18 )
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