Results 16-Aug-23
Announcements
Max Life Insurance Company standalone net profit rises 14.07% in the June 2023 quarter
Sales rise 18.78% to Rs 4723.86 crore
Net profit of Max Life Insurance Company rose 14.07% to Rs 88.84 crore in the quarter ended June 2023 as against Rs 77.88 crore during the previous quarter ended June 2022. Sales rose 18.78% to Rs 4723.86 crore in the quarter ended June 2023 as against Rs 3976.90 crore during the previous quarter ended June 2022.
Particulars
Quarter Ended
Jun. 2023
Jun. 2022
% Var.
Sales
4723.86
3976.90
19
OPM %
-0.13
1.25
-
PBDT
102.98
90.58
14
PBT
102.98
90.58
14
NP
88.84
77.88
14
Previous News
Max Life Insurance partners with Capital SFB to offer life insurance solutions
( Insurance - 04-May-23 15:48 )
Max life insurance join hands with Ujjivan Small Finance Bank for Bancassurance partnership
( Insurance - 06-Mar-23 10:34 )
Max Life rebrands to Axis Max Life Insurance with ‘Double Bharosa’ campaign
( Insurance - 15-Dec-24 16:23 )
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 declines 39.76% in the December 2023 quarter
( Results - Announcements 22-Feb-24 07:40 )
Axis Max Life Insurance Limited: Rating assigned/reaffirmed
( Press Releases - 06-Jan-25 08:33 )
AU Small Finance Bank enters into bancassurance tie-up with Max Life Insurance Company
( Corporate News - 21-Sep-23 15:38 )
Max Financial receives IRDAI approval to divest up to 12% stake in Max Life
( Corporate News - 25-Feb-21 11:18 )
Max Life Insurance Company Limited: Rating reaffirmed
( Press Releases - 11-Jul-22 10:42 )
Max Life's statement on proposal for non-linked life insurance policies in Budget 2023
( Corporate News - 02-Feb-23 09:36 )
Max Life announces expansion plans in Bengaluru
( Insurance - 01-Aug-19 09:43 )
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