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(26 Nov 2022, 07:56)

Max Life Insurance Company standalone net profit declines 31.31% in the September 2022 quarter

Sales rise 8.89% to Rs 5682.27 crore


Net profit of Max Life Insurance Company declined 31.31% to Rs 45.54 crore in the quarter ended September 2022 as against Rs 66.30 crore during the previous quarter ended September 2021. Sales rose 8.89% to Rs 5682.27 crore in the quarter ended September 2022 as against Rs 5218.52 crore during the previous quarter ended September 2021.

ParticularsQuarter Ended
 Sep. 2022Sep. 2021% Var.
Sales5682.275218.52 9
OPM %-1.36-0.53 -
PBDT53.0670.71 -25
PBT53.0670.71 -25
NP45.5466.30 -31

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