Categories Earnings, Finance

Max Financial Services Q4FY23 Earnings Story

The 24 February 1988-founded Max Financial Services Limited is a member of the Max Group, the largest commercial conglomerate in India. The company’s main activities include developing and nurturing business ventures and giving Indian group firms management advice services. It has and actively manages an 81.83% share in Max Life Insurance, the fourth-biggest private life insurance firm in India and the largest non-bank life insurer.

Financial Results:

  • Max Financial Services Ltd. reported Total Income for Q4FY23 of ₹ 9,934 Crores up from ₹ 8,962 Crore year on year, a rise of 11%.

  • Total Expenses for Q4FY23 of ₹ 9,876 Crores up from ₹ 8,809.34 Crores year on year, rise of 12%.

     
  • Consolidated Net Profit of ₹ 52 Crores, up 64% from ₹ 144 Crores in the same quarter of the previous year.

     
  • The Earnings per Share is ₹ 1.33, up 61% from ₹ 3.41 in the same quarter of the previous year.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top