Max Financial Services Ltd Q3FY25; 59% fall in Profits

Max Financial Services Limited incorporated on 24 February, 1988 is part of India’s leading business conglomerate – the Max Group. Company is primarily engaged in growing and nurturing business investments and providing management advisory services to Indian group companies. It owns and actively manages an 81.83% majority stake in Max Life Insurance, India’s largest non-bank life insurer and 4th largest private life insurance company.

Financial Results:

Max Financial Services Ltd reported Revenues for Q3FY25 of ₹8,923.00 Crores down from ₹12,356.00 Crore year on year, a fall of 27.78%.

Total Expenses for Q3FY25 of ₹8,847.00 Crores down from ₹12,161.00 Crores year on year, a fall of 27.25%.

Consolidated Net Profit of ₹70.00 Crores down 59.06% from ₹171.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.62, down 62.33% from ₹4.30 in the same quarter of the previous year.