Max Financial Services reports 37% fall in Q3 net profit

10 Feb 2017 Evaluate

Max Financial Services has reported results for third quarter ended December 31, 2016.  

The company has reported 36.81% fall in its net profit after tax at Rs 80.49 crore for the quarter under review as compared to Rs 127.37 crore for the same quarter in the previous year. Total income of the company decreased by 24.20% at Rs 103.50 crore for the quarter under review as compared Rs 136.55 crore for the corresponding quarter previous year. 

Max Financial Services (MFS), a part of the US$ 2 billion Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company. The Company’s vision is to be the most admired company for protecting and enhancing the financial future of its customers. This vision is founded on a clear set of values that are shared across the Group – Sevabhav, Excellence and Credibility.

Max Financial Share Price

1004.85 -11.80 (-1.16%)
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Peers
Company Name CMP
Max Financial 1004.85
Delphi World Money 216.00
SBFC Finance 81.83
Anand Rathi Wealth 3720.00
Prudent Corporate 1266.40
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