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(22 Feb 2024, 07:40)

Max Life Insurance Company standalone net profit declines 39.76% in the December 2023 quarter

Sales rise 15.97% to Rs 7170.32 crore


Net profit of Max Life Insurance Company declined 39.76% to Rs 152.18 crore in the quarter ended December 2023 as against Rs 252.61 crore during the previous quarter ended December 2022. Sales rose 15.97% to Rs 7170.32 crore in the quarter ended December 2023 as against Rs 6183.14 crore during the previous quarter ended December 2022.

ParticularsQuarter Ended
 Dec. 2023Dec. 2022% Var.
Sales7170.326183.14 16
OPM %1.464.62 -
PBDT175.32293.99 -40
PBT175.32293.99 -40
NP152.18252.61 -40

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