Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Newspaper Publication
As per the disclosure attached10-02-2024
Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Newspaper Publication
As per the disclosure attachedMax Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Newspaper Publication
As per the disclosure attachedMax Financial Services Q3 FY24 Results Live : profit falls by 33.96% YOY
Max Financial Services Q3 FY24 Results Live : Revenue increased by 38.96% YoY & profit decreased by 33.96% YoYMax Financial Services Ltd - 500271 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
As per the disclosure attachedMax Financial Services Ltd - 500271 - Submission Of Audio Recording Of Earnings Conference Call
As per the disclosure attached9MFY24 Result Announced for Max Financial Services Ltd.
Life Insurance company Max Financial Services announced 9MFY24 results: In 9MFY24, the company generated a consolidated revenue of Rs 31,720 crore, grew 48% over the previous year, excluding investment income consolidated revenues grew 16% Consolidated PAT at Rs 443 crore, grew 11% YoY Individual Adjusted First Year Premium reached Rs 4,285 crore, marking a notable increase of 19%. Proprietary channels witnessed exceptional growth of 44%. Gross Written Premium amounted to Rs 18,793 crore, reflecting a robust growth of 16%. Embedded Value stood at Rs 18,709 crore, with Operating Return on Embedded Value at approximately 18.6%. Value of New Business reached Rs 1,152 crore, with New Business Margin (NBM) at 25.3%. Assets Under Management (AUM) totaled Rs 1,42,621 crore, showing a substantial growth of 20%. Regarding the Axis Transaction, applications have been filed for regulatory approvals, and shareholder's and PFRDA approval has been received. Prashant Tripathy, CEO and Managing Director, Max Life Insurance, said, “Building on our strong base, we delivered another solid quarter. Innovation and expanding proprietary channels have fueled our business growth in the quarter. We remain committed to sustainable growth through strategic partnerships and market expansion, delivering value to stakeholders.” Result PDFMax Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Release for Q3 FY24 is attached.Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release is attached