{"id":148053,"date":"2023-06-01T12:02:39","date_gmt":"2023-06-01T16:02:39","guid":{"rendered":"https:\/\/44.250.171.167\/?p=148053"},"modified":"2023-06-01T12:02:40","modified_gmt":"2023-06-01T16:02:40","slug":"max-financial-services-q4fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/max-financial-services-q4fy23-earnings-story\/","title":{"rendered":"Max Financial Services Q4FY23 Earnings Story"},"content":{"rendered":"\n<p>The 24 February 1988-founded Max Financial Services Limited is a member of the Max Group, the largest commercial conglomerate in India. The company&#8217;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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Max Financial Services Ltd. reported Total Income for Q4FY23 of \u20b9 9,934 Crores up from \u20b9 8,962 Crore year on year, a rise of 11%.<br><br><\/li><li>Total Expenses for Q4FY23 of \u20b9 9,876 Crores up from \u20b9 8,809.34 Crores year on year, rise of 12%.<br><br>\u00a0<\/li><li>Consolidated Net Profit of \u20b9 52 Crores, up 64% from \u20b9 144 Crores in the same quarter of the previous year.<br><br>\u00a0<\/li><li>The Earnings per Share is \u20b9 1.33, up 61% from \u20b9 3.41 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-17.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"306\" height=\"443\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-17.png\" alt=\"\" class=\"wp-image-148054\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-17.png 306w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-17-207x300.png 207w\" sizes=\"auto, (max-width: 306px) 100vw, 306px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The 24 February 1988-founded Max Financial Services Limited is a member of the Max Group, the largest commercial conglomerate in India. The company&#8217;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 [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":142213,"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":[392,1],"tags":[10097],"class_list":["post-148053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-finance-stocks","tag-financial-service"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":148263,"url":"https:\/\/alphastreet.com\/india\/pb-fintech-q4fy23-earnings-story\/","url_meta":{"origin":148053,"position":0},"title":"PB Fintech Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"PB Fintech Ltd, popularly known as Policy Bazar is India\u2019s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products Financial Results: PB Fintech Ltd. reported Total Income for Q4FY23\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Indegene","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":144217,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-q4fy23-earnings-story\/","url_meta":{"origin":148053,"position":1},"title":"Poonawalla Fincorp Q4FY23 Earnings Story","author":"Karan_Singh","date":"April 26, 2023","format":false,"excerpt":"A non-deposit taking NBFC registered with the RBI is Poonawalla Fincorp Limited (formerly known as Magma Fincorp Limited). It offers general insurance services, consumer and MSME lending, and other financial services. Financial Results: Poonawalla Fincorp Ltd. reported Total Income for Q4FY23 of \u20b9 580.71 Crores up from \u20b9 399.22 Crore\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"SHARDAMOTR Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":146295,"url":"https:\/\/alphastreet.com\/india\/kajaria-ceramics-limited-q4fy23-earnings\/","url_meta":{"origin":148053,"position":2},"title":"Kajaria Ceramics Limited Q4FY23 Earnings","author":"Karan_Singh","date":"May 16, 2023","format":false,"excerpt":"In India, Kajaria Ceramics Ltd. specialises in the production and trade of ceramic and vitrified tiles. It ranks as the eighth-biggest tile maker in the world and the largest in India. Financial Results: Kajaria Ceramics Limited reported Total Income for Q4FY23 of \u20b9 1,215 Crores up from \u20b9 1,109 Crore\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\/2022\/10\/iStock-91157510.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-91157510.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-91157510.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-91157510.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":148080,"url":"https:\/\/alphastreet.com\/india\/medplus-health-services-q4fy23-earnings\/","url_meta":{"origin":148053,"position":3},"title":"MedPlus Health Services Q4FY23 Earnings","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"India\u2019s Leading Pharmacy company MedPlus Health Services is the second-largest pharmacy retailer in India in terms of revenue and number of stores. Financial Results: MedPlus Health Services Ltd. reported Total Income for Q4FY23 of \u20b9 1,267 Crores up from \u20b9 979 Crore year on year, a rise of 29%.Total Expenses\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\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":147981,"url":"https:\/\/alphastreet.com\/india\/kpr-mill-limited-q4fy23-earnings-story\/","url_meta":{"origin":148053,"position":4},"title":"KPR Mill Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 1, 2023","format":false,"excerpt":"One of the largest vertically integrated clothing manufacturing companies in India is K.P.R. Mill. The business manufactures yarn, knitted fabric, ready-made clothing, and wind energy. Financial Results: KPR Mill Limited reported Total Income for Q4FY23 of \u20b9 1,958 Crores up from \u20b9 1,461 Crore year on year, a rise of\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\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":148001,"url":"https:\/\/alphastreet.com\/india\/krbl-limited-q4fy23-earnings-story\/","url_meta":{"origin":148053,"position":5},"title":"KRBL Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 1, 2023","format":false,"excerpt":"As the largest producer of basmati rice in the world, KRBL has fully integrated operations across the entire basmati value chain, including paddy procurement, contract farming, storage, processing, packaging, branding, and marketing. Financial Results: KRBL Ltd. reported Total Income for Q4FY23 of \u20b9 1,323 Crores up from \u20b9 994 Crore\u2026","rel":"","context":"In &quot;Agricultural Products&quot;","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-696873286.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-696873286.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-696873286.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/148053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=148053"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/148053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/142213"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=148053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=148053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=148053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}