{"id":156044,"date":"2023-11-10T04:10:51","date_gmt":"2023-11-10T09:10:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156044"},"modified":"2023-11-10T04:10:53","modified_gmt":"2023-11-10T09:10:53","slug":"max-financial-services-ltd-q2fy24-174-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/max-financial-services-ltd-q2fy24-174-rise-in-profits\/","title":{"rendered":"Max Financial Services Ltd Q2FY24; 174% rise in Profits"},"content":{"rendered":"<p>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 Life Insurance, India\u2019s largest non-bank life insurer and 4th largest private life insurance company.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Max Financial Services Ltd reported Revenues for Q2FY24 of \u20b910,165.00 Crores up from \u20b99,316.00 Crore year on year, a rise of 9.11%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b910,031.00 Crores up from \u20b99,248.00 Crores year on year, a rise of 8.47%.<\/li>\n<li>Consolidated Net Profit of \u20b9170.00 Crores up 174.19% from \u20b962.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b94.29, up 187.92% from \u20b91.49 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-133-839x1024.png\" alt=\"\" class=\"wp-image-156045\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-133-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-133-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-133-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-133-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-133.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-3.gif\" alt=\"\" class=\"wp-image-156020\" width=\"435\" height=\"161\"\/><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 Life Insurance, India\u2019s largest non-bank [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"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],"tags":[8265],"class_list":["post-156044","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-finance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":157089,"url":"https:\/\/alphastreet.com\/india\/pb-fintech-ltd-q2fy24-42-rise-in-revenue\/","url_meta":{"origin":156044,"position":0},"title":"PB Fintech Ltd Q2FY24; 42% rise in Revenue","author":"Chirag Gupta","date":"December 4, 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 Revenues for Q2FY24 of\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\/2023\/12\/image-29.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-29.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-29.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-29.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-29.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-29.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157436,"url":"https:\/\/alphastreet.com\/india\/ethos-ltd-q2fy24-29-rise-in-profits\/","url_meta":{"origin":156044,"position":1},"title":"Ethos Ltd Q2FY24; 29% rise in Profits","author":"Divyansh_Kasana","date":"December 19, 2023","format":false,"excerpt":"Ethos Limited (\u201cEthos\u201d) was incorporated on November 5, 2007 and promoted by KDDL Limited. Ethos is India\u2019s largest luxury and premium watch retail player Financial Results: Ethos Ltd reported Revenues for Q2FY24 of \u20b9234.00 Crores up from \u20b9178.00 Crore year on year, a rise of 31.46%. Total Expenses for Q2FY24\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\/2023\/12\/image-143.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-143.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-143.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-143.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-143.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-143.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155293,"url":"https:\/\/alphastreet.com\/india\/dreamfolks-services-ltd-q2fy24-20-rise-in-profits\/","url_meta":{"origin":156044,"position":2},"title":"Dreamfolks Services Ltd Q2FY24; 20% rise in Profits","author":"Divyansh_Kasana","date":"October 25, 2023","format":false,"excerpt":"Incorporated on April 24, 2008, DreamFolks Services Ltd is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform. 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