{"id":140782,"date":"2023-02-09T13:05:18","date_gmt":"2023-02-09T18:05:18","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140782"},"modified":"2023-02-09T13:05:19","modified_gmt":"2023-02-09T18:05:19","slug":"max-financial-services-limited-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/max-financial-services-limited-q3fy23-earnings\/","title":{"rendered":"Max Financial Services Limited Q3FY23 Earnings"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/mfsl\/\" target=\"_blank\" rel=\"noreferrer noopener\">Max Financial Services<\/a> is Company&#8217;s main focus is on developing and nurturing business ventures and supplying Indian group companies management advisory services. It owns and actively manages a majority stake of 81.83 percent in Max Life Insurance which is India\u2019s largest non-bank life insurer and the fourth largest private life insurance company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>In Max Financial Services Limited (MFSL) financial <a href=\"https:\/\/www.maxfinancialservices.com\/financial\/#investor-presentation\" target=\"_blank\" rel=\"noreferrer noopener\">results<\/a> for nine months (9M) of FY23, a 3% lower consolidated revenues was reported which stood at INR 21,497 crore. This was caused due to lower investment income.\u00a0<\/p>\n\n\n\n<p>Excluding the investment income, a growth of 12% was observed in the consolidated revenues which stood at INR 15,890 crore. Due to lower new business strain than the corresponding previous period the company\u2019s PAT stood at INR 399 crore in the nine-month fiscal year 2023 period, which was up by 129%. In the third quarter of FY23, the consolidated revenue increased by 28% to stand at INR 8898 crore and the Consolidated Profit after Tax went up by 196% to stand at INR 296 crore.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Max Financial Services is Company&#8217;s main focus is on developing and nurturing business ventures and supplying Indian group companies management advisory services. It owns and actively manages a majority stake of 81.83 percent in Max Life Insurance which is India\u2019s largest non-bank life insurer and the fourth largest private life insurance company. Financial Results: In [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":135218,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[10097],"class_list":["post-140782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-financial-service"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-108274999.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":148053,"url":"https:\/\/alphastreet.com\/india\/max-financial-services-q4fy23-earnings-story\/","url_meta":{"origin":140782,"position":0},"title":"Max Financial Services Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 1, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":170984,"url":"https:\/\/alphastreet.com\/india\/max-financial-services-q1-fy26-earnings-results\/","url_meta":{"origin":140782,"position":1},"title":"Max Financial Services Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 5, 2025","format":false,"excerpt":"Max Financial Services Limited incorporated on 24 February, 1988 is part of India\u2019s leading business conglomerate \u2013 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Max Financial Services Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/3-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162156,"url":"https:\/\/alphastreet.com\/india\/max-financial-services-ltd-q4fy24-50-rise-in-revenue\/","url_meta":{"origin":140782,"position":2},"title":"Max Financial Services Ltd Q4FY24; 50% rise in Revenue","author":"Chirag Gupta","date":"June 14, 2024","format":false,"excerpt":"Max Financial Services Limited incorporated on 24 February, 1988 is part of India\u2019s leading business conglomerate \u2013 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-121.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-121.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-121.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-121.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-121.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-121.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166953,"url":"https:\/\/alphastreet.com\/india\/max-financial-services-ltd-q3fy25-59-fall-in-profits\/","url_meta":{"origin":140782,"position":3},"title":"Max Financial Services Ltd Q3FY25; 59% fall in Profits","author":"Chirag Gupta","date":"February 18, 2025","format":false,"excerpt":"Max Financial Services Limited incorporated on 24 February, 1988 is part of India\u2019s leading business conglomerate \u2013 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2-12.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2-12.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2-12.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2-12.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2-12.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/2-12.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":163843,"url":"https:\/\/alphastreet.com\/india\/max-financial-services-ltd-q1fy25-54-rise-in-profits\/","url_meta":{"origin":140782,"position":4},"title":"Max Financial Services Ltd Q1FY25; 54% rise in Profits","author":"Chirag Gupta","date":"August 14, 2024","format":false,"excerpt":"Max Financial Services Limited incorporated on 24 February, 1988 is part of India\u2019s leading business conglomerate \u2013 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-98.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-98.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-98.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-98.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-98.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-98.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156044,"url":"https:\/\/alphastreet.com\/india\/max-financial-services-ltd-q2fy24-174-rise-in-profits\/","url_meta":{"origin":140782,"position":5},"title":"Max Financial Services Ltd Q2FY24; 174% rise in Profits","author":"Hardik Bhandare","date":"November 10, 2023","format":false,"excerpt":"Max Financial Services Limited incorporated on 24 February, 1988 is part of India\u2019s leading business conglomerate \u2013 the Max Group. Company is primarily engaged in growing and nurturing business investments and providing management advisory services to Indian group companies. 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