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.

ParticularsQuarter Ended
 Sep. 2022Sep. 2021% Var.
Sales5682.275218.52 9
OPM %-1.36-0.53 -
PBDT53.0670.71 -25
PBT53.0670.71 -25
NP45.5466.30 -31

Previous News
  Max Life Insurance partners with Capital SFB to offer life insurance solutions
 ( Insurance - 04-May-23   15:48 )
  IRDAI approves Max Financial Service to increase its stake in Max Life
 ( Corporate News - 28-Nov-20   13:41 )
  In a first, Max Life Insurance beats LIC in claims settlement
 ( Insurance - 22-Jan-19   20:24 )
  Max Life announces expansion plans in Bengaluru
 ( Insurance - 01-Aug-19   09:43 )
  Max Life Insurance tie-up with Ditto to distribute life insurance online
 ( Insurance - 04-Nov-22   17:40 )
  Max Life Insurance Company standalone net profit rises 14.07% in the June 2023 quarter
 ( Results - Announcements 16-Aug-23   16:29 )
  Max Financial receives IRDAI approval to divest up to 12% stake in Max Life
 ( Corporate News - 25-Feb-21   11:18 )
  Board of Max Financial Services approves sale of 29% stake in Max Life to Axis Bank
 ( Corporate News - 28-Apr-20   14:11 )
  Max Life Insurance cash levels hit two-year high as mood in stock market sours
 ( Insurance - 30-Jul-19   11:00 )
  Max Life Insurance Company standalone net profit declines 31.31% in the September 2022 quarter
 ( Results - Announcements 26-Nov-22   07:56 )
  Max Life Insurance and Tata Asset Mgt get approval to set up pension funds
 ( Insurance - 01-Oct-21   23:14 )
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